iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) Stock Price Down 1.5% – Time to Sell?

iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV)’s stock price traded down 1.5% during trading on Monday . The stock traded as low as $39.79 and last traded at $39.79. 24,595 shares traded hands during mid-day trading, an increase of 5% from the average daily volume of 23,389 shares. The stock had previously closed at $40.38.

iShares Self-Driving EV and Tech ETF Trading Down 0.7%

The firm has a 50-day simple moving average of $42.63 and a two-hundred day simple moving average of $40.14. The company has a market capitalization of $140.41 million, a price-to-earnings ratio of 11.61 and a beta of 1.25.

Institutional Trading of iShares Self-Driving EV and Tech ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IDRV. Western Wealth Management LLC acquired a new position in iShares Self-Driving EV and Tech ETF in the first quarter valued at approximately $42,000. Raymond James Financial Inc. purchased a new stake in iShares Self-Driving EV and Tech ETF in the 2nd quarter worth approximately $119,000. WealthSpring Partners LLC acquired a new stake in shares of iShares Self-Driving EV and Tech ETF during the 4th quarter worth approximately $214,000. Osaic Holdings Inc. grew its stake in shares of iShares Self-Driving EV and Tech ETF by 7.1% during the 4th quarter. Osaic Holdings Inc. now owns 5,639 shares of the company’s stock worth $214,000 after purchasing an additional 375 shares during the period. Finally, Creative Planning grew its stake in shares of iShares Self-Driving EV and Tech ETF by 14.0% during the 3rd quarter. Creative Planning now owns 8,092 shares of the company’s stock worth $297,000 after purchasing an additional 994 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.