Summit Global Investments Acquires New Shares in iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE)

Summit Global Investments acquired a new stake in iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 277,435 shares of the company’s stock, valued at approximately $7,166,000. Summit Global Investments owned approximately 1.10% of iShares Emerging Markets Dividend ETF at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of DVYE. JPMorgan Chase & Co. grew its position in shares of iShares Emerging Markets Dividend ETF by 281.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 75,752 shares of the company’s stock valued at $2,174,000 after purchasing an additional 55,919 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of iShares Emerging Markets Dividend ETF by 44.6% during the 4th quarter. Bank of New York Mellon Corp now owns 127,710 shares of the company’s stock valued at $3,299,000 after purchasing an additional 39,412 shares in the last quarter. Argent Advisors Inc. grew its position in shares of iShares Emerging Markets Dividend ETF by 12.3% during the 4th quarter. Argent Advisors Inc. now owns 227,898 shares of the company’s stock valued at $5,887,000 after purchasing an additional 25,025 shares in the last quarter. Crescent Grove Advisors LLC grew its position in shares of iShares Emerging Markets Dividend ETF by 13.2% during the 4th quarter. Crescent Grove Advisors LLC now owns 117,971 shares of the company’s stock valued at $3,047,000 after purchasing an additional 13,742 shares in the last quarter. Finally, Vantage Financial Partners LLC grew its position in shares of iShares Emerging Markets Dividend ETF by 29.6% during the 4th quarter. Vantage Financial Partners LLC now owns 28,443 shares of the company’s stock valued at $735,000 after purchasing an additional 6,491 shares in the last quarter.

iShares Emerging Markets Dividend ETF Stock Performance

NYSEARCA DVYE opened at $27.52 on Friday. iShares Emerging Markets Dividend ETF has a 52-week low of $25.00 and a 52-week high of $29.85. The company has a market capitalization of $727.90 million, a P/E ratio of 7.85 and a beta of 0.82. The company has a fifty day moving average of $26.68 and a 200-day moving average of $27.21.

iShares Emerging Markets Dividend ETF Company Profile

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.