Strive 500 ETF (NYSEARCA:STRV) Shares Down 0.5% – Time to Sell?

Shares of Strive 500 ETF (NYSEARCA:STRV) were down 0.5% on Thursday . The stock traded as low as $36.50 and last traded at $36.60. Approximately 73,002 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 87,864 shares. The stock had previously closed at $36.79.

Strive 500 ETF Price Performance

The company has a 50 day moving average price of $38.01 and a 200 day moving average price of $37.82. The firm has a market cap of $771.99 million, a PE ratio of 24.65 and a beta of 1.01.

Strive 500 ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 28th will be paid a $0.0845 dividend. The ex-dividend date is Friday, March 28th.

Institutional Investors Weigh In On Strive 500 ETF

A number of institutional investors have recently added to or reduced their stakes in STRV. Confluence Wealth Services Inc. purchased a new position in shares of Strive 500 ETF during the 4th quarter worth approximately $219,000. S.A. Mason LLC grew its holdings in Strive 500 ETF by 5.8% during the fourth 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. Captrust Financial Advisors raised its position in Strive 500 ETF by 35.4% in the third 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 in the last quarter. Ethos Financial Group LLC purchased a new stake in shares of Strive 500 ETF during the 4th quarter worth $16,144,000. Finally, Future Financial Wealth Managment LLC boosted its position in shares of Strive 500 ETF by 6.7% during the 4th quarter. Future Financial Wealth Managment LLC now owns 18,212 shares of the company’s stock worth $688,000 after purchasing an additional 1,137 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.