Strive U.S. Energy ETF (NYSEARCA:DRLL) Trading Up 0.4%

Strive U.S. Energy ETF (NYSEARCA:DRLL)’s stock price rose 0.4% during mid-day trading on Thursday . The company traded as high as $30.83 and last traded at $30.68. Approximately 128,496 shares traded hands during trading, an increase of 200% from the average daily volume of 42,818 shares. The stock had previously closed at $30.55.

Strive U.S. Energy ETF Stock Performance

The company has a market capitalization of $346.07 million, a PE ratio of 8.39 and a beta of 0.47. The company’s fifty day moving average is $30.80 and its 200-day moving average is $29.09.

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

An institutional investor recently bought a new position in Strive U.S. Energy ETF stock. Anchor Investment Management LLC bought a new position in shares of Strive U.S. Energy ETF (NYSEARCA:DRLL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,100 shares of the company’s stock, valued at approximately $31,000.

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.