iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Sees Large Volume Increase – Time to Buy?

Shares of iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw unusually-strong trading volume on Wednesday . Approximately 180,290 shares changed hands during trading, an increase of 105% from the previous session’s volume of 87,944 shares.The stock last traded at $28.26 and had previously closed at $28.70.

iShares Emerging Markets Dividend ETF Stock Down 1.6 %

The company has a fifty day simple moving average of $27.54 and a two-hundred day simple moving average of $27.48. The stock has a market capitalization of $711.65 million, a P/E ratio of 5.28 and a beta of 0.63.

Institutional Trading of iShares Emerging Markets Dividend ETF

A number of institutional investors have recently modified their holdings of DVYE. Security National Bank lifted its holdings in shares of iShares Emerging Markets Dividend ETF by 40.1% in the first quarter. Security National Bank now owns 4,906 shares of the company’s stock valued at $128,000 after purchasing an additional 1,404 shares in the last quarter. Pinnacle Bancorp Inc. increased its position in shares of iShares Emerging Markets Dividend ETF by 45.0% in the third quarter. Pinnacle Bancorp Inc. now owns 5,800 shares of the company’s stock valued at $166,000 after acquiring an additional 1,800 shares during the last quarter. Lowe Wealth Advisors LLC increased its position in shares of iShares Emerging Markets Dividend ETF by 42.6% in the second 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 increased 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 valued at $580,000 after acquiring an additional 548 shares during the last quarter. Finally, LRI Investments LLC acquired a new stake in shares of iShares Emerging Markets Dividend ETF in the first 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.