Strive 500 ETF (NYSEARCA:STRV) Reaches New 12-Month High – Should You Buy?

Shares of Strive 500 ETF (NYSEARCA:STRV) reached a new 52-week high on Friday . The stock traded as high as $39.48 and last traded at $39.47, with a volume of 16413 shares traded. The stock had previously closed at $39.43.

Strive 500 ETF Trading Up 0.1 %

The firm has a fifty day simple moving average of $38.63 and a 200-day simple moving average of $37.36. The stock has a market cap of $596.09 million, a price-to-earnings ratio of 25.93 and a beta of 1.00.

Institutional Trading of Strive 500 ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. S.A. Mason LLC grew its stake in shares of Strive 500 ETF by 1.1% during the third quarter. S.A. Mason LLC now owns 54,410 shares of the company’s stock worth $2,004,000 after purchasing an additional 570 shares during the period. Janney Montgomery Scott LLC raised its holdings in Strive 500 ETF by 18.3% in the third quarter. Janney Montgomery Scott LLC now owns 86,871 shares of the company’s stock worth $3,200,000 after purchasing an additional 13,445 shares during the period. United Advisor Group LLC boosted its position in shares of Strive 500 ETF by 12.3% during the third quarter. United Advisor Group LLC now owns 185,659 shares of the company’s stock worth $6,839,000 after purchasing an additional 20,315 shares in the last quarter. Pin Oak Investment Advisors Inc. grew its holdings in shares of Strive 500 ETF by 25.9% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 17,540 shares of the company’s stock valued at $646,000 after buying an additional 3,605 shares during the period. Finally, Captrust Financial Advisors increased its position in shares of Strive 500 ETF by 35.4% in the 3rd quarter. Captrust Financial Advisors now owns 37,831 shares of the company’s stock valued at $1,394,000 after buying an additional 9,898 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.