Strive 500 ETF (NYSEARCA:STRV) Sees Unusually-High Trading Volume – Should You Buy?

Strive 500 ETF (NYSEARCA:STRV) shares saw strong trading volume on Thursday . 97,331 shares changed hands during mid-day trading, a decline of 2% from the previous session’s volume of 99,455 shares.The stock last traded at $37.20 and had previously closed at $37.19.

Strive 500 ETF Stock Up 0.5 %

The firm has a market capitalization of $791.07 million, a price-to-earnings ratio of 27.26 and a beta of 1.01. The stock’s 50 day moving average price is $38.50 and its two-hundred day moving average price is $37.75.

Institutional Trading of Strive 500 ETF

Several hedge funds have recently modified their holdings of the company. Strive Asset Management LLC acquired a new stake in shares of Strive 500 ETF during the fourth quarter worth approximately $499,000. Stuart Chaussee & Associates Inc. acquired a new stake in shares of Strive 500 ETF during the fourth quarter worth approximately $68,000. Captrust Financial Advisors increased its holdings in shares of Strive 500 ETF by 2.2% in the fourth quarter. Captrust Financial Advisors now owns 38,666 shares of the company’s stock valued at $1,462,000 after purchasing an additional 835 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of Strive 500 ETF in the fourth quarter valued at approximately $92,000. Finally, Ethos Financial Group LLC acquired a new stake in shares of Strive 500 ETF in the fourth quarter valued at approximately $16,144,000.

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.