Nwam LLC Makes New $837,000 Investment in REX Drone ETF $DRNZ

Nwam LLC bought a new position in REX Drone ETF (NASDAQ:DRNZ) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 38,450 shares of the ETF’s stock, valued at approximately $837,000. Nwam LLC owned 1.79% of REX Drone ETF as of its most recent filing with the Securities & Exchange Commission.

REX Drone ETF Trading Up 1.2%

DRNZ opened at $25.47 on Tuesday. The stock has a fifty day moving average price of $25.86. REX Drone ETF has a twelve month low of $18.00 and a twelve month high of $30.12.

REX Drone ETF (NASDAQ: DRNZ) is an exchange-traded fund designed to provide investors with targeted exposure to companies participating in the drone and unmanned aerial systems (UAS) ecosystem. The fund focuses on businesses whose primary activities support the design, manufacture, operation, enabling technologies or services for aerial uncrewed systems. As a thematic ETF, DRNZ aims to concentrate holdings in a specific industry segment rather than track broad-market benchmarks.

Holdings in the fund typically reflect a cross-section of the drone value chain, including manufacturers of airframes and propulsion systems, developers of autonomy and navigation software, suppliers of sensors and communications equipment, and companies providing operational services such as commercial drone operations, mapping, inspection and logistics.