iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Trading Down 0.5% – Time to Sell?

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) shares dropped 0.5% on Friday . The company traded as low as $36.20 and last traded at $36.26. Approximately 3,470 shares changed hands during mid-day trading, a decline of 13% from the average daily volume of 3,983 shares. The stock had previously closed at $36.43.

iShares Asia/Pacific Dividend ETF Trading Down 0.5 %

The company has a fifty day moving average price of $36.34 and a two-hundred day moving average price of $36.86. The firm has a market capitalization of $41.70 million, a price-to-earnings ratio of 6.22 and a beta of 0.72.

Hedge Funds Weigh In On iShares Asia/Pacific Dividend ETF

A hedge fund recently bought a new stake in iShares Asia/Pacific Dividend ETF stock. Flow Traders U.S. LLC purchased a new position in shares of iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,371 shares of the company’s stock, valued at approximately $402,000. Flow Traders U.S. LLC owned 0.90% of iShares Asia/Pacific Dividend ETF as of its most recent SEC filing.

About iShares Asia/Pacific Dividend ETF

The iShares Asia\u002FPacific Dividend ETF (DVYA) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a dividend-weighted index of consistent highest dividend-yielding companies in the Asia-Pacific region. DVYA was launched on Feb 23, 2012 and is managed by BlackRock.