iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) Trading Down 0.1% – Here’s What Happened

iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV)’s stock price fell 0.1% during mid-day trading on Thursday . The stock traded as low as $37.91 and last traded at $38.82. 5,736 shares traded hands during trading, a decline of 73% from the average session volume of 21,447 shares. The stock had previously closed at $38.87.

iShares Self-Driving EV and Tech ETF Price Performance

The stock has a market capitalization of $155.28 million, a P/E ratio of 11.61 and a beta of 1.29. The business’s 50 day simple moving average is $38.73 and its 200-day simple moving average is $38.21.

Institutional Trading of iShares Self-Driving EV and Tech ETF

A number of large investors have recently bought and sold shares of IDRV. Northwestern Mutual Wealth Management Co. increased its stake 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 valued at $1,841,000 after buying an additional 47,695 shares during the last quarter. Florin Court Capital LLP acquired a new position in shares of iShares Self-Driving EV and Tech ETF during the 3rd quarter worth about $1,350,000. Jones Financial Companies Lllp grew its holdings in shares of iShares Self-Driving EV and Tech ETF by 237.6% in the 1st quarter. Jones Financial Companies Lllp now owns 26,318 shares of the company’s stock valued at $769,000 after acquiring an additional 18,522 shares in the last quarter. Moran Wealth Management LLC grew its holdings in shares of iShares Self-Driving EV and Tech ETF by 71.6% in the 3rd quarter. Moran Wealth Management LLC now owns 28,758 shares of the company’s stock valued at $1,055,000 after acquiring an additional 12,000 shares in the last quarter. Finally, Susquehanna International Group LLP increased its position in shares of iShares Self-Driving EV and Tech ETF by 21.2% in the third quarter. Susquehanna International Group LLP now owns 53,033 shares of the company’s stock valued at $1,945,000 after acquiring an additional 9,288 shares during the last quarter.

About iShares Self-Driving EV and Tech ETF

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.