Raymond James Financial Services Advisors Inc. Raises Position in iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV)

Raymond James Financial Services Advisors Inc. grew its holdings in shares of iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) by 18.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,915 shares of the company’s stock after purchasing an additional 2,730 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 0.17% of iShares Self-Driving EV and Tech ETF worth $640,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IDRV. JPMorgan Chase & Co. purchased a new stake in shares of iShares Self-Driving EV and Tech ETF during the 1st quarter valued at $279,000. Cetera Advisor Networks LLC raised its stake in iShares Self-Driving EV and Tech ETF by 58.5% in the 1st quarter. Cetera Advisor Networks LLC now owns 10,973 shares of the company’s stock worth $509,000 after acquiring an additional 4,049 shares during the last quarter. Bank of Montreal Can raised its stake in iShares Self-Driving EV and Tech ETF by 13.5% in the 1st quarter. Bank of Montreal Can now owns 3,227 shares of the company’s stock worth $154,000 after acquiring an additional 385 shares during the last quarter. Baird Financial Group Inc. purchased a new position in iShares Self-Driving EV and Tech ETF in the 1st quarter worth $299,000. Finally, UBS Group AG raised its stake in iShares Self-Driving EV and Tech ETF by 215.3% in the 1st quarter. UBS Group AG now owns 15,812 shares of the company’s stock worth $734,000 after acquiring an additional 10,797 shares during the last quarter.

iShares Self-Driving EV and Tech ETF Price Performance

Shares of IDRV stock opened at $29.00 on Thursday. The firm has a market capitalization of $237.80 million, a price-to-earnings ratio of 8.88 and a beta of 1.48. The business has a fifty day moving average of $31.26 and a 200 day moving average of $32.59. iShares Self-Driving EV and Tech ETF has a 1 year low of $28.86 and a 1 year high of $45.72.

iShares Self-Driving EV and Tech ETF Company Profile

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.