Jane Street Group LLC Reduces Stock Position in iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV)

Jane Street Group LLC lessened its stake in iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) by 72.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,725 shares of the company’s stock after selling 65,357 shares during the period. Jane Street Group LLC’s holdings in iShares Self-Driving EV and Tech ETF were worth $785,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. PNC Financial Services Group Inc. grew its holdings in shares of iShares Self-Driving EV and Tech ETF by 9,783.8% in the third quarter. PNC Financial Services Group Inc. now owns 466,614 shares of the company’s stock worth $14,820,000 after acquiring an additional 461,893 shares during the period. CX Institutional boosted its position in iShares Self-Driving EV and Tech ETF by 1,113.0% in the third quarter. CX Institutional now owns 138,738 shares of the company’s stock worth $4,406,000 after purchasing an additional 127,300 shares during the last quarter. Susquehanna International Group LLP grew its stake in shares of iShares Self-Driving EV and Tech ETF by 758.2% during the 2nd quarter. Susquehanna International Group LLP now owns 125,730 shares of the company’s stock valued at $3,586,000 after purchasing an additional 111,080 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares Self-Driving EV and Tech ETF by 29.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 30,440 shares of the company’s stock valued at $868,000 after purchasing an additional 6,882 shares during the period. Finally, Apollon Wealth Management LLC purchased a new stake in shares of iShares Self-Driving EV and Tech ETF during the 3rd quarter valued at about $218,000.

iShares Self-Driving EV and Tech ETF Trading Down 0.7 %

IDRV opened at $29.02 on Friday. The company’s 50 day moving average is $29.89 and its 200 day moving average is $29.58. The company has a market cap of $229.26 million, a price-to-earnings ratio of 8.99 and a beta of 1.46. iShares Self-Driving EV and Tech ETF has a 12-month low of $25.66 and a 12-month high of $34.31.

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.