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

iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) shares were down 0.4% on Monday . The stock traded as low as $40.06 and last traded at $40.09. Approximately 19,904 shares changed hands during trading, a decline of 20% from the average daily volume of 24,906 shares. The stock had previously closed at $40.26.

iShares Self-Driving EV and Tech ETF Stock Performance

The company has a 50-day moving average of $38.46 and a 200-day moving average of $36.79. The stock has a market cap of $160.36 million, a price-to-earnings ratio of 11.61 and a beta of 1.29.

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

Several large investors have recently modified their holdings of the stock. Accordant Advisory Group Inc purchased a new position in shares of iShares Self-Driving EV and Tech ETF in the 2nd quarter valued at about $2,600,000. Florin Court Capital LLP purchased a new stake in shares of iShares Self-Driving EV and Tech ETF during the 3rd quarter worth approximately $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 worth $769,000 after acquiring an additional 18,522 shares during the period. Moran Wealth Management LLC acquired a new stake in shares of iShares Self-Driving EV and Tech ETF in the 2nd quarter worth approximately $512,000. Finally, Susquehanna International Group LLP increased its stake in iShares Self-Driving EV and Tech ETF by 21.2% in the 3rd quarter. Susquehanna International Group LLP now owns 53,033 shares of the company’s stock valued at $1,945,000 after purchasing an additional 9,288 shares in 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.