Strive U.S. Energy ETF (NYSEARCA:DRLL) Shares Up 1.4%

Strive U.S. Energy ETF (NYSEARCA:DRLL)’s stock price rose 1.4% during mid-day trading on Tuesday . The company traded as high as $28.10 and last traded at $28.04. Approximately 31,426 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 46,403 shares. The stock had previously closed at $27.65.

Strive U.S. Energy ETF Trading Up 1.4 %

The company has a fifty day moving average of $28.99 and a two-hundred day moving average of $30.03. The stock has a market capitalization of $316.29 million, a price-to-earnings ratio of 8.39 and a beta of 0.47.

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. Pathway Financial Advisers LLC bought a new position in Strive U.S. Energy ETF (NYSEARCA:DRLL) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,556 shares of the company’s stock, valued at approximately $49,000.

About Strive U.S. Energy ETF

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.