iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Sees Large Volume Increase – Here’s Why

Shares of iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw an uptick in trading volume on Thursday . 96,656 shares were traded during mid-day trading, an increase of 15% from the previous session’s volume of 84,185 shares.The stock last traded at $25.69 and had previously closed at $25.71.

iShares Emerging Markets Dividend ETF Stock Down 0.3 %

The business has a 50 day simple moving average of $26.80 and a two-hundred day simple moving average of $27.34. The firm has a market cap of $645.75 million, a PE ratio of 5.28 and a beta of 0.63.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

Several hedge funds have recently made changes to their positions in the company. Pinnacle Bancorp Inc. raised its stake in shares of iShares Emerging Markets Dividend ETF by 45.0% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 5,800 shares of the company’s stock worth $166,000 after acquiring an additional 1,800 shares in the last quarter. IHT Wealth Management LLC lifted its stake in shares of iShares Emerging Markets Dividend ETF by 53.0% in the 3rd quarter. IHT Wealth Management LLC now owns 14,203 shares of the company’s stock valued at $408,000 after purchasing an additional 4,919 shares during the period. Lowe Wealth Advisors LLC raised its holdings in iShares Emerging Markets Dividend ETF by 5.4% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 15,100 shares of the company’s stock worth $433,000 after purchasing an additional 778 shares during the period. Bank of New York Mellon Corp lifted its holdings in iShares Emerging Markets Dividend ETF by 71.2% during the second quarter. Bank of New York Mellon Corp now owns 65,462 shares of the company’s stock valued at $1,779,000 after purchasing an additional 27,233 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of iShares Emerging Markets Dividend ETF by 281.9% in the third quarter. JPMorgan Chase & Co. now owns 75,752 shares of the company’s stock valued at $2,174,000 after acquiring an additional 55,919 shares in the last quarter.

About iShares Emerging Markets Dividend ETF

The iShares Emerging Markets Dividend ETF (DVYE) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a dividend-weighted index of high-dividend-paying emerging markets companies. DVYE was launched on Feb 23, 2012 and is managed by BlackRock.