iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) Stock Price Down 1.2% – Here’s Why

Shares of iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRVGet Free Report) traded down 1.2% during mid-day trading on Monday . The stock traded as low as $35.66 and last traded at $35.68. 24,731 shares traded hands during trading, an increase of 3% from the average session volume of 24,000 shares. The stock had previously closed at $36.11.

iShares Self-Driving EV and Tech ETF Stock Down 1.2%

The business’s 50 day moving average is $40.35 and its 200 day moving average is $39.97. The company has a market cap of $124.88 million, a P/E ratio of 11.61 and a beta of 1.27.

Institutional Investors Weigh In On iShares Self-Driving EV and Tech ETF

Hedge funds have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its stake in iShares Self-Driving EV and Tech ETF by 5,617.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 48,544 shares of the company’s stock valued at $1,841,000 after purchasing an additional 47,695 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Self-Driving EV and Tech ETF during the second quarter valued at about $119,000. Biltmore Family Office LLC lifted its position in shares of iShares Self-Driving EV and Tech ETF by 8.3% during the fourth quarter. Biltmore Family Office LLC now owns 38,361 shares of the company’s stock valued at $1,455,000 after buying an additional 2,939 shares during the last quarter. One Wealth Map LLC boosted its holdings in shares of iShares Self-Driving EV and Tech ETF by 8.8% in the 4th quarter. One Wealth Map LLC now owns 32,544 shares of the company’s stock valued at $1,233,000 after buying an additional 2,626 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in shares of iShares Self-Driving EV and Tech ETF by 7.1% in the 4th quarter. Osaic Holdings Inc. now owns 5,639 shares of the company’s stock valued at $214,000 after buying an additional 375 shares in the last quarter.

iShares Self-Driving EV and Tech ETF Company Profile

(Get Free Report)

The iShares Self-Driving EV and Tech ETF (IDRV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap selected and weighted index of equities related to self-driving vehicles. IDRV was launched on Apr 16, 2019 and is managed by BlackRock.

Further Reading

Receive News & Ratings for iShares Self-Driving EV and Tech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Self-Driving EV and Tech ETF and related companies with MarketBeat.com's FREE daily email newsletter.