iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Sees Strong Trading Volume – What’s Next?

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw an uptick in trading volume on Wednesday . 180,290 shares traded hands during mid-day 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 Performance

The firm has a market capitalization of $719.96 million, a price-to-earnings ratio of 5.28 and a beta of 0.63. The stock’s fifty day moving average is $27.60 and its two-hundred day moving average is $27.49.

Institutional Trading of iShares Emerging Markets Dividend ETF

A number of hedge funds and other institutional investors have recently modified their holdings of DVYE. Security National Bank boosted its holdings in 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 during the last quarter. Pinnacle Bancorp Inc. boosted its stake in shares of iShares Emerging Markets Dividend ETF by 45.0% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 5,800 shares of the company’s stock valued at $166,000 after buying an additional 1,800 shares during the last quarter. Lowe Wealth Advisors LLC grew its position in shares of iShares Emerging Markets Dividend ETF by 42.6% during the second quarter. Lowe Wealth Advisors LLC now owns 14,322 shares of the company’s stock worth $389,000 after buying an additional 4,282 shares in the last quarter. Vantage Financial Partners LLC increased its stake 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 buying an additional 548 shares during the last quarter. Finally, LRI Investments LLC acquired a new stake in iShares Emerging Markets Dividend ETF in the first quarter valued at $719,000.

About iShares Emerging Markets Dividend ETF

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.