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

Shares of iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw an uptick in trading volume on Tuesday . 264,174 shares traded hands during trading, an increase of 194% from the previous session’s volume of 89,947 shares.The stock last traded at $25.75 and had previously closed at $25.86.

iShares Emerging Markets Dividend ETF Stock Down 0.3 %

The company has a market capitalization of $649.66 million, a PE ratio of 5.28 and a beta of 0.63. The stock’s fifty day moving average price is $27.41 and its two-hundred day moving average price is $27.48.

Hedge Funds Weigh In On iShares Emerging Markets Dividend ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp boosted its position in iShares Emerging Markets Dividend ETF by 71.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 65,462 shares of the company’s stock valued at $1,779,000 after acquiring an additional 27,233 shares in the last quarter. Vantage Financial Partners LLC boosted its position in shares of iShares Emerging Markets Dividend ETF by 2.6% during the second quarter. Vantage Financial Partners LLC now owns 21,354 shares of the company’s stock valued at $580,000 after purchasing an additional 548 shares in the last quarter. Lowe Wealth Advisors LLC boosted its position in shares of iShares Emerging Markets Dividend ETF by 5.4% during the third quarter. Lowe Wealth Advisors LLC now owns 15,100 shares of the company’s stock valued at $433,000 after purchasing an additional 778 shares in the last quarter. IHT Wealth Management LLC grew its stake in iShares Emerging Markets Dividend ETF by 53.0% in the third quarter. IHT Wealth Management LLC now owns 14,203 shares of the company’s stock worth $408,000 after purchasing an additional 4,919 shares during the period. Finally, Custom Portfolio Group LLC raised its holdings in iShares Emerging Markets Dividend ETF by 15.5% in the second quarter. Custom Portfolio Group LLC now owns 81,733 shares of the company’s stock worth $2,151,000 after purchasing an additional 10,943 shares in the last quarter.

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.