The iShares Self-Driving EV and Tech ETF (IDRV) experienced significant trading activity on Tuesday, with over 631,000 shares exchanged, far exceeding its three-month average volume of approximately 41,000 shares. Despite this heightened trading volume, IDRV shares remained relatively flat on the day.
Key components contributing to this volume included Tesla, which saw over 19 million shares traded and a slight increase of 0.2%, and Rivian Automotive, down 0.3% with over 13.7 million shares exchanged. Polestar Automotive led the components with a rise of 1.8%, while American Battery Technology lagged, down 4.5%.
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