iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Trading Up 0.3% – Here’s Why

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE)’s stock price traded up 0.3% during trading on Monday . The stock traded as high as $28.28 and last traded at $28.07. 76,007 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 84,286 shares. The stock had previously closed at $27.99.

iShares Emerging Markets Dividend ETF Stock Performance

The stock has a market cap of $707.36 million, a price-to-earnings ratio of 5.28 and a beta of 0.63. The business’s 50 day moving average is $28.03 and its 200 day moving average is $27.73.

Institutional Trading of iShares Emerging Markets Dividend ETF

Hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp lifted its position in shares of iShares Emerging Markets Dividend ETF by 71.2% in the second quarter. Bank of New York Mellon Corp now owns 65,462 shares of the company’s stock worth $1,779,000 after purchasing an additional 27,233 shares in the last quarter. Vantage Financial Partners LLC lifted its position in shares of iShares Emerging Markets Dividend ETF by 2.6% in the second 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. Lowe Wealth Advisors LLC lifted its position in shares of iShares Emerging Markets Dividend ETF by 5.4% in the third quarter. Lowe Wealth Advisors LLC now owns 15,100 shares of the company’s stock worth $433,000 after purchasing an additional 778 shares in the last quarter. Custom Portfolio Group LLC lifted its position in shares of iShares Emerging Markets Dividend ETF by 15.5% in the second quarter. Custom Portfolio Group LLC now owns 81,733 shares of the company’s stock worth $2,151,000 after purchasing an additional 10,943 shares in the last quarter. Finally, Argent Advisors Inc. lifted its position in shares of iShares Emerging Markets Dividend ETF by 1.9% in the second quarter. Argent Advisors Inc. now owns 201,183 shares of the company’s stock worth $5,468,000 after purchasing an additional 3,761 shares in the last quarter.

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.