Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Posted by ABMN Staff on Jun 4th, 2026

Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $32.91 and traded as high as $42.57. Global X Autonomous & Electric Vehicles ETF shares last traded at $42.09, with a volume of 97,111 shares changing hands.

Global X Autonomous & Electric Vehicles ETF Stock Performance

The stock has a market capitalization of $452.05 million, a price-to-earnings ratio of -150.32 and a beta of 1.45. The business has a 50-day moving average of $36.33 and a 200-day moving average of $32.91.

Institutional Trading of Global X Autonomous & Electric Vehicles ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC raised its stake in Global X Autonomous & Electric Vehicles ETF by 802.2% during the 4th quarter. Farther Finance Advisors LLC now owns 2,075 shares of the technology company’s stock valued at $61,000 after acquiring an additional 1,845 shares during the last quarter. Strive Financial Group LLC purchased a new stake in Global X Autonomous & Electric Vehicles ETF during the 4th quarter valued at approximately $80,000. Ameriprise Financial Inc. purchased a new stake in Global X Autonomous & Electric Vehicles ETF during the 3rd quarter valued at approximately $230,000. Finally, Jones Financial Companies Lllp raised its stake in Global X Autonomous & Electric Vehicles ETF by 261.2% during the 1st quarter. Jones Financial Companies Lllp now owns 13,107 shares of the technology company’s stock valued at $277,000 after acquiring an additional 9,478 shares during the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

About Global X Autonomous & Electric Vehicles ETF

(Get Free Report)

The Global X Autonomous & Electric Vehicles ETF (DRIV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that uses artificial intelligence to select global stocks involved in the development, production, or supporting technology of autonomous and electronic vehicles. DRIV was launched on Apr 13, 2018 and is issued by Global X.