Strive U.S. Energy ETF (NYSEARCA:DRLL) Trading 1.5% Higher – Here’s Why

Strive U.S. Energy ETF (NYSEARCA:DRLL)’s share price traded up 1.5% on Wednesday . The stock traded as high as $27.31 and last traded at $27.27. 69,477 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 62,182 shares. The stock had previously closed at $26.87.

Strive U.S. Energy ETF Stock Up 1.0 %

The firm has a market capitalization of $310.76 million, a PE ratio of 8.39 and a beta of 0.47. The business’s fifty day moving average price is $28.76 and its 200 day moving average price is $28.97.

Institutional Investors Weigh In On Strive U.S. Energy ETF

A hedge fund recently bought a new stake in Strive U.S. Energy ETF stock. Heritage Wealth Management Inc. bought a new stake in shares of Strive U.S. Energy ETF (NYSEARCA:DRLL) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 25,300 shares of the company’s stock, valued at approximately $747,000. Heritage Wealth Management Inc. owned approximately 0.22% of Strive U.S. Energy ETF at the end of the most recent reporting period.

Strive U.S. Energy ETF Company Profile

The Strive U.S. Energy ETF (DRLL) is an exchange-traded fund that mostly invests in energy equity. The fund tracks a market cap-weighted index of US-listed stocks from the broad energy sector. The fund aims to influence companies to prioritize returns through shareholder engagement and proxy voting, without regard to ESG agendas.