iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Sees Strong Trading Volume – Should You Buy?

Shares of iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE – Get Free Report) saw unusually-strong trading volume on Wednesday. Approximately 329,123 shares changed hands during trading, an increase of 65% from the previous session’s volume of 200,069 shares. The stock last traded at $34.0290 and had previously closed at $33.93.

iShares Emerging Markets Dividend ETF Stock Up 0.1%

The firm has a market capitalization of $1.19 billion, a P/E ratio of 7.78 and a beta of 0.50. The business’s 50-day simple moving average is $34.77 and its 200 day simple moving average is $34.27.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

Institutional investors have recently bought and sold shares of the stock. Millstone Evans Group LLC purchased a new position in iShares Emerging Markets Dividend ETF in the 1st quarter worth approximately $29,000. Bogart Wealth LLC purchased a new stake in iShares Emerging Markets Dividend ETF during the 1st quarter valued at $34,000. Root Financial Partners LLC purchased a new stake in iShares Emerging Markets Dividend ETF during the 1st quarter valued at $42,000. Crescent Grove Advisors LLC grew its holdings in iShares Emerging Markets Dividend ETF by 1.0% in the 4th quarter. Crescent Grove Advisors LLC now owns 139,341 shares of the company’s stock worth $4,342,000 after acquiring an additional 1,347 shares during the last quarter. Finally, Argent Advisors Inc. grew its holdings in iShares Emerging Markets Dividend ETF by 0.9% in the 1st quarter. Argent Advisors Inc. now owns 235,524 shares of the company’s stock worth $8,097,000 after acquiring an additional 1,992 shares during the last quarter.

About iShares Emerging Markets Dividend ETF

(Get Free Report)

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.

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