iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Sees Large Volume Increase – Time to Buy?

Shares of iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw unusually-strong trading volume on Monday . Approximately 79,941 shares traded hands during mid-day trading, a decline of 33% from the previous session’s volume of 119,903 shares.The stock last traded at $27.83 and had previously closed at $27.63.

iShares Emerging Markets Dividend ETF Price Performance

The firm has a 50-day simple moving average of $26.47 and a 200 day simple moving average of $27.20. The stock has a market capitalization of $718.83 million, a P/E ratio of 6.88 and a beta of 0.82.

Institutional Trading of iShares Emerging Markets Dividend ETF

A number of institutional investors and hedge funds have recently bought and sold shares of DVYE. JPMorgan Chase & Co. increased its position in iShares Emerging Markets Dividend ETF by 281.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 75,752 shares of the company’s stock valued at $2,174,000 after purchasing an additional 55,919 shares during the period. Crestwood Advisors Group LLC grew its stake in iShares Emerging Markets Dividend ETF by 2.3% in the fourth quarter. Crestwood Advisors Group LLC now owns 41,393 shares of the company’s stock valued at $1,069,000 after acquiring an additional 927 shares during the period. IHT Wealth Management LLC grew its position in iShares Emerging Markets Dividend ETF by 53.0% in the 3rd quarter. IHT Wealth Management LLC now owns 14,203 shares of the company’s stock valued at $408,000 after purchasing an additional 4,919 shares during the period. Crescent Grove Advisors LLC increased its position in shares of iShares Emerging Markets Dividend ETF by 13.2% during the fourth quarter. Crescent Grove Advisors LLC now owns 117,971 shares of the company’s stock worth $3,047,000 after acquiring an additional 13,742 shares in the last quarter. Finally, Vantage Financial Partners LLC lifted its position in iShares Emerging Markets Dividend ETF by 29.6% in the 4th quarter. Vantage Financial Partners LLC now owns 28,443 shares of the company’s stock valued at $735,000 after acquiring an additional 6,491 shares in the last quarter.

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.