Strive 500 ETF (NYSEARCA:STRV) Shares Down 0.3% – What’s Next?

Strive 500 ETF (NYSEARCA:STRV)’s stock price traded down 0.3% during trading on Tuesday . The company traded as low as $43.53 and last traded at $43.60. 55,407 shares changed hands during trading, a decline of 26% from the average session volume of 74,485 shares. The stock had previously closed at $43.73.

Strive 500 ETF Stock Performance

The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The firm’s 50-day moving average price is $44.34 and its two-hundred day moving average price is $43.69.

Institutional Investors Weigh In On Strive 500 ETF

Institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC acquired a new position in shares of Strive 500 ETF in the 4th quarter worth approximately $30,000. AdvisorNet Financial Inc acquired a new stake in Strive 500 ETF in the 3rd quarter valued at $37,000. HORAN Wealth LLC bought a new stake in Strive 500 ETF in the third quarter valued at $245,000. Pin Oak Investment Advisors Inc. grew its position in Strive 500 ETF by 13.8% in the second quarter. Pin Oak Investment Advisors Inc. now owns 22,581 shares of the company’s stock valued at $905,000 after acquiring an additional 2,747 shares during the period. Finally, Captrust Financial Advisors raised its stake in Strive 500 ETF by 58.8% during the third quarter. Captrust Financial Advisors now owns 55,715 shares of the company’s stock worth $2,407,000 after acquiring an additional 20,635 shares in the last quarter.

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.