Strive U.S. Energy ETF (NYSEARCA:DRLL) Stock Price Up 1.4% – Here’s What Happened

Strive U.S. Energy ETF (NYSEARCA:DRLL)’s stock price shot up 1.4% during trading on Friday . The stock traded as high as $39.93 and last traded at $39.73. Approximately 10,931 shares were traded during trading, a decline of 53% from the average session volume of 23,148 shares. The stock had previously closed at $39.19.

Strive U.S. Energy ETF Stock Performance

The firm has a market cap of $305.92 million, a price-to-earnings ratio of 15.14 and a beta of 0.40. The business has a fifty day moving average of $36.17 and a two-hundred day moving average of $36.10.

Institutional Trading of Strive U.S. Energy ETF

A hedge fund recently bought a new stake in Strive U.S. Energy ETF stock. Burns J W & Co. Inc. NY purchased a new position in shares of Strive U.S. Energy ETF (NYSEARCA:DRLL) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,400 shares of the company’s stock, valued at approximately $213,000. Burns J W & Co. Inc. NY owned about 0.07% of Strive U.S. Energy ETF as of its most recent SEC filing.

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. DRLL was launched on Aug 9, 2022 and is managed by Strive.