FLDZ volume surges 20x as CAVA, energy names move

RiverNorth Volition America Patriot ETF (FLDZ) has seen unusual trading volume, which is 20× higher than its average daily volume.

Among its top holdings, small‑cap restaurant chain CAVA Group faces pressure as the Russell 2000 index has entered a correction on fears that higher energy prices and potential rate hikes will hurt smaller, more leveraged companies, though analysts still broadly rate CAVA a Buy with a positive outlook. Energy exposure is in focus as well: Permian Resources has drawn fresh attention after S&P and Fitch granted it investment grade ratings and JPMorgan sharply lifted its price target, citing stronger oil fundamentals tied to Middle East tensions, even as recent insider share sales grab headlines. Defense‑linked Karman Holdings and infrastructure contractor MasTec both benefited from bullish analyst views and higher price targets, while refiner Marathon Petroleum was highlighted by Goldman Sachs as a top sector pick after a Q4 earnings beat and continued plans for sizable dividends and buybacks, underscoring the ETF’s tilt toward names leveraged to elevated energy prices and U.S. industrial spending.