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

Strive U.S. Energy ETF (NYSEARCA:DRLL)’s stock price rose 1.5% during mid-day trading on Wednesday . The company traded as high as $27.31 and last traded at $27.27. Approximately 69,477 shares changed hands during mid-day trading, an increase of 12% from the average daily volume of 62,182 shares. The stock had previously closed at $26.87.

Strive U.S. Energy ETF Trading Up 1.5 %

The stock has a market capitalization of $307.61 million, a PE ratio of 8.39 and a beta of 0.47. The firm has a 50-day moving average price of $28.81 and a 200-day moving average price of $28.99.

Institutional Trading of Strive U.S. Energy ETF

An institutional investor recently bought a new position in Strive U.S. Energy ETF stock. Heritage Wealth Management Inc. purchased a new position in shares of Strive U.S. Energy ETF (NYSEARCA:DRLL) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 25,300 shares of the company’s stock, valued at approximately $747,000. Heritage Wealth Management Inc. owned about 0.22% of Strive U.S. Energy ETF as of its most recent SEC filing.

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.