Strive U.S. Energy ETF (NYSEARCA:DRLL) Trading Up 1.8% – Time to Buy?

Strive U.S. Energy ETF (NYSEARCA:DRLLGet Free Report) shares were up 1.8% on Friday . The company traded as high as $27.88 and last traded at $27.68. Approximately 53,490 shares traded hands during trading, a decline of 6% from the average daily volume of 56,832 shares. The stock had previously closed at $27.18.

Strive U.S. Energy ETF Trading Up 1.8 %

The firm has a market capitalization of $291.75 million, a PE ratio of 13.53 and a beta of 0.88. The business’s 50 day simple moving average is $28.47 and its two-hundred day simple moving average is $28.66.

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

A number of hedge funds have recently modified their holdings of DRLL. OLD Mission Capital LLC grew its position in shares of Strive U.S. Energy ETF by 151.2% during the 4th quarter. OLD Mission Capital LLC now owns 49,085 shares of the company’s stock valued at $1,339,000 after acquiring an additional 29,542 shares during the period. Jones Financial Companies Lllp boosted its holdings in Strive U.S. Energy ETF by 14,235.9% in the 4th quarter. Jones Financial Companies Lllp now owns 11,182 shares of the company’s stock worth $305,000 after buying an additional 11,104 shares during the period. Copia Wealth Management bought a new position in Strive U.S. Energy ETF in the 4th quarter worth $62,000. Captrust Financial Advisors boosted its holdings in Strive U.S. Energy ETF by 6.8% in the 3rd quarter. Captrust Financial Advisors now owns 25,670 shares of the company’s stock worth $721,000 after buying an additional 1,637 shares during the period. Finally, JPMorgan Chase & Co. bought a new position in Strive U.S. Energy ETF in the 4th quarter worth $30,000.

Strive U.S. Energy ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Strive U.S. Energy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strive U.S. Energy ETF and related companies with MarketBeat.com's FREE daily email newsletter.