Merit Financial Group LLC Sells 12,191 Shares of iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV)

Merit Financial Group LLC decreased its stake in shares of iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) by 17.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,814 shares of the company’s stock after selling 12,191 shares during the quarter. Merit Financial Group LLC’s holdings in iShares Self-Driving EV and Tech ETF were worth $2,101,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Monumental Financial Group Inc. raised its holdings in shares of iShares Self-Driving EV and Tech ETF by 13.5% in the 4th quarter. Monumental Financial Group Inc. now owns 69,821 shares of the company’s stock valued at $2,495,000 after purchasing an additional 8,278 shares in the last quarter. CWM LLC raised its holdings in shares of iShares Self-Driving EV and Tech ETF by 960.2% in the 4th quarter. CWM LLC now owns 2,290 shares of the company’s stock valued at $82,000 after purchasing an additional 2,074 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of iShares Self-Driving EV and Tech ETF in the 4th quarter valued at about $785,000. Destiny Wealth Partners LLC raised its holdings in shares of iShares Self-Driving EV and Tech ETF by 8.5% in the 4th quarter. Destiny Wealth Partners LLC now owns 69,996 shares of the company’s stock valued at $2,383,000 after purchasing an additional 5,461 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of iShares Self-Driving EV and Tech ETF by 18.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 17,915 shares of the company’s stock valued at $640,000 after purchasing an additional 2,730 shares in the last quarter.

iShares Self-Driving EV and Tech ETF Stock Performance

NYSEARCA:IDRV opened at $31.38 on Friday. iShares Self-Driving EV and Tech ETF has a one year low of $28.47 and a one year high of $45.72. The firm has a market cap of $247.90 million, a P/E ratio of 8.99 and a beta of 1.46. The firm has a 50-day simple moving average of $30.90 and a 200-day simple moving average of $32.09.

iShares Self-Driving EV and Tech ETF 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.