iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Trading 0.3% Higher

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) shot up 0.3% during mid-day trading on Tuesday . The stock traded as high as $37.93 and last traded at $37.83. 1,664 shares traded hands during trading, a decline of 58% from the average session volume of 3,998 shares. The stock had previously closed at $37.72.

iShares Asia/Pacific Dividend ETF Price Performance

The stock’s 50-day moving average is $36.27 and its 200 day moving average is $36.38. The stock has a market cap of $43.50 million, a price-to-earnings ratio of 6.22 and a beta of 0.72.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares Asia/Pacific Dividend ETF stock. Custom Portfolio Group LLC increased its stake in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) by 26.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,937 shares of the company’s stock after purchasing an additional 13,272 shares during the quarter. iShares Asia/Pacific Dividend ETF accounts for 1.7% of Custom Portfolio Group LLC’s investment portfolio, making the stock its 11th largest position. Custom Portfolio Group LLC owned approximately 5.47% of iShares Asia/Pacific Dividend ETF worth $2,138,000 as of its most recent filing with the Securities & Exchange Commission.

iShares Asia/Pacific Dividend ETF Company Profile

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.