iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) Shares Down 0.7% – Should You Sell?

iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV – Get Free Report) shares fell 0.7% during trading on Wednesday. The stock traded as low as $33.28 and last traded at $33.36. 31,836 shares were traded during trading, a decline of 50% from the average daily volume of 63,286 shares. The stock had previously closed at $33.61.

iShares Self-Driving EV and Tech ETF Price Performance

The business’s 50-day moving average is $35.72 and its two-hundred day moving average is $38.64. The firm has a market cap of $263.54 million, a P/E ratio of 11.61 and a beta of 1.30.

Hedge Funds Weigh In On iShares Self-Driving EV and Tech ETF

A number of institutional investors have recently added to or reduced their stakes in the company. WealthSpring Partners LLC acquired a new stake in shares of iShares Self-Driving EV and Tech ETF in the fourth quarter valued at approximately $214,000. Integrated Wealth Concepts LLC acquired a new position in shares of iShares Self-Driving EV and Tech ETF during the 2nd quarter worth approximately $104,000. Finally, Western Wealth Management LLC acquired a new position in shares of iShares Self-Driving EV and Tech ETF during the 1st quarter worth approximately $42,000.

iShares Self-Driving EV and Tech ETF Company Profile

(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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