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

Shares of Strive 500 ETF (NYSEARCA:STRV) saw an uptick in trading volume on Monday . 603,513 shares were traded during trading, an increase of 563% from the previous session’s volume of 91,054 shares.The stock last traded at $44.2650 and had previously closed at $44.09.

Strive 500 ETF Stock Up 0.5%

The company has a market cap of $1.03 billion, a P/E ratio of 25.66 and a beta of 1.01. The stock has a 50 day moving average price of $43.71 and a two-hundred day moving average price of $42.05.

Strive 500 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were paid a $0.1246 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.1%. This is a boost from Strive 500 ETF’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, December 11th.

Institutional Trading of Strive 500 ETF

A number of institutional investors have recently bought and sold shares of STRV. Strive Asset Management LLC lifted its stake in Strive 500 ETF by 1,578.5% during the first quarter. Strive Asset Management LLC now owns 221,475 shares of the company’s stock worth $7,986,000 after purchasing an additional 208,280 shares during the last quarter. Captrust Financial Advisors lifted its position in shares of Strive 500 ETF by 58.8% during the 3rd quarter. Captrust Financial Advisors now owns 55,715 shares of the company’s stock worth $2,407,000 after buying an additional 20,635 shares during the last quarter. S.A. Mason LLC boosted its stake in Strive 500 ETF by 9.1% in the third quarter. S.A. Mason LLC now owns 68,019 shares of the company’s stock valued at $2,938,000 after buying an additional 5,693 shares in the last quarter. HORAN Wealth LLC bought a new position in Strive 500 ETF in the third quarter valued at about $245,000. Finally, Confluence Wealth Services Inc. acquired a new position in Strive 500 ETF during the second quarter worth about $226,000.

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.