Strive U.S. Energy ETF (NYSEARCA:DRLL) Trading Up 1.5% – Time to Buy?

Shares of Strive U.S. Energy ETF (NYSEARCA:DRLL) traded up 1.5% on Wednesday . The company traded as high as $27.31 and last traded at $27.27. 69,477 shares changed 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 Trading Up 1.5 %

The business’s 50 day moving average price is $28.81 and its two-hundred day moving average price is $28.99. The company has a market capitalization of $307.61 million, a price-to-earnings ratio of 8.39 and a beta of 0.47.

Hedge Funds Weigh In On Strive U.S. Energy ETF

A hedge fund recently raised its stake in Strive U.S. Energy ETF stock. Captrust Financial Advisors lifted its stake in shares of Strive U.S. Energy ETF (NYSEARCA:DRLL) by 6.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,670 shares of the company’s stock after acquiring an additional 1,637 shares during the quarter. Captrust Financial Advisors owned approximately 0.23% of Strive U.S. Energy ETF worth $721,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.