Northwestern Mutual Wealth Management Co. Has $1.84 Million Stock Holdings in iShares Self-Driving EV and Tech ETF $IDRV

Northwestern Mutual Wealth Management Co. grew its holdings in iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) by 5,617.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 48,544 shares of the company’s stock after buying an additional 47,695 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 1.21% of iShares Self-Driving EV and Tech ETF worth $1,841,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IDRV. Royal Bank of Canada increased its stake in shares of 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 buying an additional 626 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of iShares Self-Driving EV and Tech ETF by 237.6% in the first quarter. Jones Financial Companies Lllp now owns 26,318 shares of the company’s stock valued at $769,000 after buying an additional 18,522 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares Self-Driving EV and Tech ETF in the second quarter valued at $119,000. Florin Court Capital LLP acquired a new stake in shares of iShares Self-Driving EV and Tech ETF in the third quarter valued at $1,350,000. Finally, UBS Group AG increased its stake in shares of iShares Self-Driving EV and Tech ETF by 10.2% in the third quarter. UBS Group AG now owns 54,704 shares of the company’s stock valued at $2,006,000 after buying an additional 5,057 shares in the last quarter.

iShares Self-Driving EV and Tech ETF Stock Performance

Shares of NYSEARCA:IDRV opened at $43.81 on Thursday. iShares Self-Driving EV and Tech ETF has a twelve month low of $29.35 and a twelve month high of $45.50. The firm has a market cap of $162.10 million, a PE ratio of 11.61 and a beta of 1.25. The business has a fifty day moving average of $41.31 and a 200-day moving average of $39.61.

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.