Strive 500 ETF (NYSEARCA:STRV) Sets New 1-Year High – What’s Next?

Strive 500 ETF (NYSEARCA:STRV) reached a new 52-week high on Monday . The stock traded as high as $47.55 and last traded at $47.52, with a volume of 4456 shares traded. The stock had previously closed at $47.14.

Strive 500 ETF Trading Down 0.1%

The firm has a fifty day simple moving average of $44.14 and a two-hundred day simple moving average of $44.15. The firm has a market cap of $1.08 billion, a PE ratio of 25.66 and a beta of 1.01.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in STRV. EverSource Wealth Advisors LLC purchased a new position in shares of Strive 500 ETF in the 4th quarter valued at approximately $30,000. HORAN Wealth LLC purchased a new position in shares of Strive 500 ETF in the 3rd quarter valued at approximately $245,000. AdvisorNet Financial Inc lifted its stake in shares of Strive 500 ETF by 52.3% in the 1st quarter. AdvisorNet Financial Inc now owns 7,738 shares of the company’s stock valued at $325,000 after purchasing an additional 2,658 shares during the period. Pin Oak Investment Advisors Inc. lifted its stake in shares of Strive 500 ETF by 15.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 25,971 shares of the company’s stock valued at $1,122,000 after purchasing an additional 3,390 shares during the period. Finally, Captrust Financial Advisors lifted its stake in shares of Strive 500 ETF by 58.8% in the 3rd quarter. Captrust Financial Advisors now owns 55,715 shares of the company’s stock valued at $2,407,000 after purchasing an additional 20,635 shares during the period.

Strive 500 ETF Company Profile

The Strive 500 ETF (STRV) is an exchange-traded fund that is based on the Solactive GBS United States 500 index. The fund tracks a market cap-weighted index of the 500 largest companies across all sectors in the US equity market. STRV was launched on Sep 15, 2022 and is managed by Strive.