Janney Montgomery Scott LLC Lowers Stock Holdings in Strive 500 ETF $STRV

Janney Montgomery Scott LLC reduced its position in shares of Strive 500 ETF (NYSEARCA:STRV) by 2.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,080 shares of the company’s stock after selling 1,028 shares during the period. Janney Montgomery Scott LLC owned about 0.22% of Strive 500 ETF worth $2,046,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of STRV. NBC Securities Inc. purchased a new position in shares of Strive 500 ETF during the first quarter worth $29,000. Parallel Advisors LLC boosted its position in shares of Strive 500 ETF by 21.6% during the second quarter. Parallel Advisors LLC now owns 11,305 shares of the company’s stock worth $453,000 after buying an additional 2,005 shares during the period. Pin Oak Investment Advisors Inc. boosted its position in shares of Strive 500 ETF by 13.1% during the first quarter. Pin Oak Investment Advisors Inc. now owns 19,834 shares of the company’s stock worth $715,000 after buying an additional 2,294 shares during the period. S.A. Mason LLC boosted its position in shares of Strive 500 ETF by 4.0% during the first quarter. S.A. Mason LLC now owns 59,834 shares of the company’s stock worth $2,158,000 after buying an additional 2,280 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of Strive 500 ETF by 8.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 148,775 shares of the company’s stock worth $5,365,000 after buying an additional 11,197 shares during the period.

Strive 500 ETF Stock Down 2.6%

STRV opened at $42.30 on Friday. Strive 500 ETF has a 52 week low of $30.88 and a 52 week high of $43.66. The business has a fifty day simple moving average of $42.20 and a 200-day simple moving average of $39.28. The firm has a market cap of $1.01 billion, a P/E ratio of 25.66 and a beta of 1.00.

About Strive 500 ETF

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.