iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Hits New 12-Month High at $29.85

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $29.85 and last traded at $29.77, with a volume of 8517 shares traded. The stock had previously closed at $28.87.

iShares Emerging Markets Dividend ETF Price Performance

The company has a 50-day moving average of $27.27 and a two-hundred day moving average of $27.38. The company has a market capitalization of $747.43 million, a PE ratio of 5.28 and a beta of 0.63.

Institutional Trading of iShares Emerging Markets Dividend ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Security National Bank boosted its stake in iShares Emerging Markets Dividend ETF by 40.1% in the 1st quarter. Security National Bank now owns 4,906 shares of the company’s stock worth $128,000 after purchasing an additional 1,404 shares during the period. Parallel Advisors LLC increased its holdings in iShares Emerging Markets Dividend ETF by 150.0% in the 4th quarter. Parallel Advisors LLC now owns 5,000 shares of the company’s stock valued at $132,000 after acquiring an additional 3,000 shares during the last quarter. Lowe Wealth Advisors LLC increased its holdings in iShares Emerging Markets Dividend ETF by 42.6% in the 2nd quarter. Lowe Wealth Advisors LLC now owns 14,322 shares of the company’s stock valued at $389,000 after acquiring an additional 4,282 shares during the last quarter. Vantage Financial Partners LLC lifted its stake in iShares Emerging Markets Dividend ETF by 2.6% in the 2nd quarter. Vantage Financial Partners LLC now owns 21,354 shares of the company’s stock worth $580,000 after purchasing an additional 548 shares in the last quarter. Finally, LRI Investments LLC bought a new position in shares of iShares Emerging Markets Dividend ETF during the 1st quarter valued at about $719,000.

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.