Strive 500 ETF (NYSEARCA:STRV) Shares Up 0.1% – Here’s Why

Shares of Strive 500 ETF (NYSEARCA:STRV) shot up 0.1% during trading on Monday . The company traded as high as $44.39 and last traded at $44.27. 117,129 shares were traded during mid-day trading, an increase of 24% from the average session volume of 94,441 shares. The stock had previously closed at $44.22.

Strive 500 ETF Stock Performance

The business’s 50 day moving average is $42.94 and its 200 day moving average is $40.40. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

Hedge Funds Weigh In On Strive 500 ETF

A number of institutional investors have recently bought and sold shares of the business. AdvisorNet Financial Inc acquired a new stake in shares of Strive 500 ETF in the third quarter worth $37,000. Confluence Wealth Services Inc. purchased a new position in shares of Strive 500 ETF during the second quarter worth $226,000. Parallel Advisors LLC raised its holdings 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 purchasing an additional 2,005 shares during the last quarter. Pin Oak Investment Advisors Inc. raised its holdings 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 purchasing an additional 2,294 shares during the last quarter. Finally, Woodard & Co. Asset Management Group Inc. ADV raised its holdings in shares of Strive 500 ETF by 17.2% during the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 20,245 shares of the company’s stock worth $811,000 after purchasing an additional 2,968 shares during the last quarter.

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.