iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) Stock Price Down 0.4% – Time to Sell?

by · The Cerbat Gem

Shares of iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV – Get Free Report) were down 0.4% during mid-day trading on Thursday . The company traded as low as $38.56 and last traded at $38.80. Approximately 16,690 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 32,576 shares. The stock had previously closed at $38.96.

iShares Self-Driving EV and Tech ETF Trading Down 0.4%

The business’s fifty day moving average price is $37.79 and its 200 day moving average price is $34.89. The company has a market capitalization of $170.72 million, a P/E ratio of 11.61 and a beta of 1.29.

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

Institutional investors have recently added to or reduced their stakes in the stock. Accordant Advisory Group Inc raised its holdings in shares of iShares Self-Driving EV and Tech ETF by 0.4% in the 3rd quarter. Accordant Advisory Group Inc now owns 85,354 shares of the company’s stock worth $3,130,000 after buying an additional 339 shares in the last quarter. Royal Bank of Canada grew its position in iShares Self-Driving EV and Tech ETF by 5.3% in the first quarter. Royal Bank of Canada now owns 12,460 shares of the company’s stock valued at $364,000 after acquiring an additional 626 shares during the period. Creative Planning grew its position in iShares Self-Driving EV and Tech ETF by 14.0% in the third quarter. Creative Planning now owns 8,092 shares of the company’s stock valued at $297,000 after acquiring an additional 994 shares during the period. Kilter Group LLC acquired a new position in iShares Self-Driving EV and Tech ETF during the second quarter worth $31,000. Finally, Smithfield Trust Co acquired a new position in iShares Self-Driving EV and Tech ETF during the second quarter worth $35,000.

About iShares Self-Driving EV and Tech ETF

(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.

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