This is the original Sierra Palma 155 grain bullet.
https://www.sierrabullets.com/product/30-caliber-7-62mm-155-gr-hpbt-matchking/
Note the part number, 2155 (not 2156).
It is not as severally aerodynamic as the later Sierra Palma bullet, part number 2156, here.
https://www.sierrabullets.com/product/30-caliber-7-62mm-155-gr-hpbt-palma-matchking/
The older 2155 is better suited for semi-auto rifles and regular rifling twist rates.
The newer, 2156 bullet is designed for much slower, 1 turn in 14 inch rifling, used in long barreled, bolt action Palma rifles.
The older 2155, just happens to be legal for Palma shooting and was Sierra first effort for that.
It works great in M1A rifles.
The more aero 2156 bullet is more sensitive to defects, loose or long throat chambers and is affected by imperfections more easily in faster rifling.
Also it seats deeper into the 308 case to fit the M1A magazine, due to its longer, aero shape.