Strive 500 ETF (NYSEARCA:STRV) Sees Unusually-High Trading Volume – Here’s What Happened

Strive 500 ETF (NYSEARCA:STRV) saw unusually-strong trading volume on Monday . Approximately 94,023 shares traded hands during trading, an increase of 0% from the previous session’s volume of 93,871 shares.The stock last traded at $33.28 and had previously closed at $33.90.

Strive 500 ETF Stock Performance

The stock has a market cap of $734.13 million, a PE ratio of 24.18 and a beta of 1.01. The company’s 50-day moving average price is $36.38 and its 200 day moving average price is $37.57.

Hedge Funds Weigh In On Strive 500 ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in STRV. NBC Securities Inc. acquired a new position in Strive 500 ETF during the first quarter worth approximately $29,000. Captrust Financial Advisors raised its position in Strive 500 ETF by 2.2% in the fourth quarter. Captrust Financial Advisors now owns 38,666 shares of the company’s stock worth $1,462,000 after acquiring an additional 835 shares in the last quarter. Future Financial Wealth Managment LLC boosted its holdings in Strive 500 ETF by 6.7% during the fourth quarter. Future Financial Wealth Managment LLC now owns 18,212 shares of the company’s stock worth $688,000 after buying an additional 1,137 shares in the last quarter. Stuart Chaussee & Associates Inc. acquired a new stake in shares of Strive 500 ETF in the 4th quarter worth approximately $68,000. Finally, Brown Brothers Harriman & Co. acquired a new position in shares of Strive 500 ETF during the 4th quarter worth $92,000.

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.