Strive 500 ETF (NYSEARCA:STRV) Sets New 1-Year High – Time to Buy?

Strive 500 ETF (NYSEARCA:STRV) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $45.09 and last traded at $45.06, with a volume of 58928 shares changing hands. The stock had previously closed at $44.82.

Strive 500 ETF Stock Performance

The firm’s fifty day simple moving average is $43.39 and its 200 day simple moving average is $43.76. The firm has a market cap of $1.02 billion, a P/E ratio of 25.66 and a beta of 1.01.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in STRV. AdvisorNet Financial Inc bought a new position in shares of Strive 500 ETF during the 3rd quarter valued at about $37,000. S.A. Mason LLC boosted its holdings in shares of Strive 500 ETF by 9.1% during the 3rd quarter. S.A. Mason LLC now owns 68,019 shares of the company’s stock valued at $2,938,000 after purchasing an additional 5,693 shares during the last quarter. HORAN Wealth LLC bought a new position in shares of Strive 500 ETF during the 3rd quarter valued at about $245,000. Pin Oak Investment Advisors Inc. lifted its holdings 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 acquiring an additional 3,390 shares during the last quarter. Finally, Strive Asset Management LLC lifted its holdings in shares of Strive 500 ETF by 5.3% in the 3rd quarter. Strive Asset Management LLC now owns 615,113 shares of the company’s stock valued at $26,573,000 after acquiring an additional 31,171 shares during 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.