iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Trading Up 1% – Time to Buy?

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA)’s stock price shot up 1% during mid-day trading on Friday . The stock traded as high as $51.61 and last traded at $51.56. Approximately 11,968 shares were traded during mid-day trading, an increase of 30% from the average daily volume of 9,234 shares. The stock had previously closed at $51.05.

iShares Asia/Pacific Dividend ETF Stock Up 1.0%

The company has a market capitalization of $72.18 million, a P/E ratio of 11.42 and a beta of 0.57. The company has a 50-day moving average of $49.14 and a two-hundred day moving average of $49.42.

Hedge Funds Weigh In On iShares Asia/Pacific Dividend ETF

An institutional investor recently bought a new stake in iShares Asia/Pacific Dividend ETF stock. Triumph Capital Management bought a new stake in shares of iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 675 shares of the company’s stock, valued at approximately $28,000. Triumph Capital Management owned approximately 0.06% of iShares Asia/Pacific Dividend ETF at the end of the most recent quarter.

About iShares Asia/Pacific Dividend ETF

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.