Brown Brothers Harriman & Co. Acquires New Stake in Strive 500 ETF (NYSEARCA:STRV)

Brown Brothers Harriman & Co. bought a new position in shares of Strive 500 ETF (NYSEARCA:STRV) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,439 shares of the company’s stock, valued at approximately $92,000.

A number of other institutional investors have also added to or reduced their stakes in STRV. Confluence Wealth Services Inc. purchased a new position in shares of Strive 500 ETF during the fourth quarter worth about $219,000. Future Financial Wealth Managment LLC raised its stake in Strive 500 ETF by 6.7% in the fourth quarter. Future Financial Wealth Managment LLC now owns 18,212 shares of the company’s stock valued at $688,000 after purchasing an additional 1,137 shares in the last quarter. Captrust Financial Advisors lifted its position in Strive 500 ETF by 35.4% during the third quarter. Captrust Financial Advisors now owns 37,831 shares of the company’s stock valued at $1,394,000 after purchasing an additional 9,898 shares during the last quarter. S.A. Mason LLC grew its stake in 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 buying an additional 3,144 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings 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 buying an additional 5,371 shares during the last quarter.

Strive 500 ETF Stock Performance

NYSEARCA STRV opened at $36.13 on Wednesday. The company has a market capitalization of $781.13 million, a P/E ratio of 24.88 and a beta of 1.02. Strive 500 ETF has a 52-week low of $31.72 and a 52-week high of $39.63. The company has a fifty day moving average of $37.90 and a 200-day moving average of $37.85.

Strive 500 ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 28th were paid a dividend of $0.0845 per share. The ex-dividend date of this dividend was Friday, March 28th.

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.