iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.76 and traded as low as $27.27. iShares Emerging Markets Dividend ETF shares last traded at $27.35, with a volume of 102,622 shares changing hands.

iShares Emerging Markets Dividend ETF Stock Down 0.4 %

The company has a market capitalization of $686.45 million, a price-to-earnings ratio of 5.28 and a beta of 0.63. The firm has a 50 day moving average price of $28.15 and a two-hundred day moving average price of $27.76.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

A number of hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp increased its position in shares of iShares Emerging Markets Dividend ETF by 71.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 65,462 shares of the company’s stock worth $1,779,000 after purchasing an additional 27,233 shares during the last quarter. Vantage Financial Partners LLC raised its position in shares of iShares Emerging Markets Dividend ETF by 2.6% during the 2nd quarter. Vantage Financial Partners LLC now owns 21,354 shares of the company’s stock worth $580,000 after buying an additional 548 shares in the last quarter. Lowe Wealth Advisors LLC boosted its stake in iShares Emerging Markets Dividend ETF by 5.4% during the 3rd 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. Custom Portfolio Group LLC raised its stake in shares of iShares Emerging Markets Dividend ETF by 15.5% in the 2nd quarter. Custom Portfolio Group LLC now owns 81,733 shares of the company’s stock worth $2,151,000 after buying an additional 10,943 shares in the last quarter. Finally, Argent Advisors Inc. lifted its holdings in shares of iShares Emerging Markets Dividend ETF by 1.9% in the second quarter. Argent Advisors Inc. now owns 201,183 shares of the company’s stock valued at $5,468,000 after buying an additional 3,761 shares during the period.

iShares Emerging Markets Dividend ETF Company Profile

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.