Ethos Financial Group LLC Invests $16.14 Million in Strive 500 ETF (NYSEARCA:STRV)

Ethos Financial Group LLC purchased a new position in Strive 500 ETF (NYSEARCA:STRV) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 427,094 shares of the company’s stock, valued at approximately $16,144,000. Strive 500 ETF accounts for 2.1% of Ethos Financial Group LLC’s portfolio, making the stock its 9th largest holding.

A number of other institutional investors also recently made changes to their positions in the stock. Confluence Wealth Services Inc. acquired a new stake in shares of Strive 500 ETF in the 4th quarter worth approximately $219,000. S.A. Mason LLC lifted its stake in shares of Strive 500 ETF by 5.8% in the 4th quarter. S.A. Mason LLC now owns 57,554 shares of the company’s stock worth $2,176,000 after acquiring an additional 3,144 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Strive 500 ETF by 6.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 92,242 shares of the company’s stock worth $3,487,000 after acquiring an additional 5,371 shares during the period. Future Financial Wealth Managment LLC lifted its stake in shares of Strive 500 ETF by 6.7% in the 4th quarter. Future Financial Wealth Managment LLC now owns 18,212 shares of the company’s stock worth $688,000 after acquiring an additional 1,137 shares during the period. Finally, Captrust Financial Advisors lifted its stake 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 worth $1,394,000 after acquiring an additional 9,898 shares during the period.

Strive 500 ETF Trading Up 1.2 %

Shares of NYSEARCA:STRV opened at $37.65 on Thursday. The company has a 50 day moving average of $38.57 and a 200-day moving average of $37.75. The firm has a market cap of $803.45 million, a P/E ratio of 27.26 and a beta of 1.01. Strive 500 ETF has a twelve month low of $31.72 and a twelve month high of $39.63.

Strive 500 ETF 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.