Strive 500 ETF (NYSEARCA:STRV) Reaches New 52-Week High – Here’s What Happened

Strive 500 ETF (NYSEARCA:STRV)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $39.63 and last traded at $39.62, with a volume of 50115 shares. The stock had previously closed at $39.55.

Strive 500 ETF Trading Down 1.8 %

The company has a market cap of $585.21 million, a P/E ratio of 25.93 and a beta of 1.00. The business’s fifty day moving average is $38.66 and its 200 day moving average is $37.53.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of STRV. Stuart Chaussee & Associates Inc. purchased a new position in Strive 500 ETF in the 4th quarter valued at approximately $68,000. Brown Brothers Harriman & Co. purchased a new position in Strive 500 ETF in the 4th quarter valued at approximately $92,000. Confluence Wealth Services Inc. purchased a new position in Strive 500 ETF in the 4th quarter valued at approximately $219,000. Strive Asset Management LLC purchased a new position in Strive 500 ETF in the 4th quarter valued at approximately $499,000. Finally, Pin Oak Investment Advisors Inc. grew its stake in 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 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.