Strive U.S. Energy ETF (NYSEARCA:DRLL) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Strive U.S. Energy ETF (NYSEARCA:DRLL) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $29.32 and traded as high as $30.06. Strive U.S. Energy ETF shares last traded at $29.26, with a volume of 487,870 shares trading hands.

Strive U.S. Energy ETF Price Performance

The company has a market cap of $324.86 million, a P/E ratio of 8.39 and a beta of 0.47. The stock has a fifty day moving average price of $29.36 and a two-hundred day moving average price of $29.33.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Strive U.S. Energy ETF stock. Captrust Financial Advisors increased its position in Strive U.S. Energy ETF (NYSEARCA:DRLL) by 6.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 25,670 shares of the company’s stock after purchasing an additional 1,637 shares during the period. Captrust Financial Advisors owned about 0.23% of Strive U.S. Energy ETF worth $721,000 at the end of the most recent reporting period.

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.