iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) Trading Down 0.7% – What’s Next?

Shares of iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) traded down 0.7% during mid-day trading on Thursday . The stock traded as low as $44.75 and last traded at $44.97. 20,126 shares were traded during trading, a decline of 8% from the average session volume of 21,784 shares. The stock had previously closed at $45.28.

iShares Self-Driving EV and Tech ETF Stock Performance

The stock has a 50 day moving average of $40.52 and a 200-day moving average of $39.37. The firm has a market capitalization of $159.80 million, a P/E ratio of 11.61 and a beta of 1.25.

Institutional Trading of iShares Self-Driving EV and Tech ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. lifted its position in shares of iShares Self-Driving EV and Tech ETF by 7.1% in the fourth quarter. Osaic Holdings Inc. now owns 5,639 shares of the company’s stock valued at $214,000 after acquiring an additional 375 shares in the last quarter. WealthSpring Partners LLC bought a new stake in iShares Self-Driving EV and Tech ETF during the 4th quarter valued at approximately $214,000. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Self-Driving EV and Tech ETF by 5,617.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 48,544 shares of the company’s stock worth $1,841,000 after purchasing an additional 47,695 shares in the last quarter. Biltmore Family Office LLC lifted its holdings in iShares Self-Driving EV and Tech ETF by 8.3% in the 4th quarter. Biltmore Family Office LLC now owns 38,361 shares of the company’s stock worth $1,455,000 after purchasing an additional 2,939 shares in the last quarter. Finally, One Wealth Map LLC boosted its stake in 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 worth $1,233,000 after purchasing an additional 2,626 shares during the period.

iShares Self-Driving EV and Tech ETF Company Profile

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.