Strive US Energy ETF Stock Price, News & Analysis

Strive Asset Management has launched the U.S. Energy ETF (NYSE Arca: DRLL), which has surpassed $300 million in assets under management within three weeks. This ETF represents the largest non-seeded launch of 2022, with over $420 million in traded volume. Strive advocates for energy companies to focus exclusively on financially measurable returns, increasing capital investments based on demand, and reevaluating Scope 3 emissions reductions. The ETF aims to engage with over 10 energy firms, highlighting a strong market interest.

The Strive U.S. Energy ETF (DRLL) launched successfully, achieving over $238 million in assets under management and $320 million in trade volume within its first two weeks. As the largest non-seeded ETF launch of 2022, DRLL has attracted significant interest, with an average trade size of $4,137. Now available on 25 brokerage platforms, it aims to prioritize excellence in the U.S. energy sector, responding to demand from both financial professionals and individual investors.

Strive Asset Management has launched the Strive U.S. Energy ETF (NYSE: $DRLL) to enhance investment opportunities in the U.S. energy sector. The move aims to counteract underinvestment caused by ESG mandates and promote long-term profitability in oil and gas production. Strive projects significant appreciation for U.S. energy stocks over the next 18-24 months, driven by easing restrictions and supply shortages due to the EU's ban on Russian oil. This ETF seeks to track the performance of U.S.-listed energy companies and is positioned to capitalize on the ongoing energy crisis.