iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Stock Pass Below 200-Day Moving Average – Here’s Why

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $36.92 and traded as low as $36.85. iShares Asia/Pacific Dividend ETF shares last traded at $36.88, with a volume of 1,928 shares changing hands.

iShares Asia/Pacific Dividend ETF Stock Up 1.1 %

The firm has a 50-day simple moving average of $37.88 and a 200 day simple moving average of $36.92. The company has a market cap of $42.86 million, a price-to-earnings ratio of 6.22 and a beta of 0.72.

Institutional Investors Weigh In On iShares Asia/Pacific Dividend ETF

An institutional investor recently raised its position in iShares Asia/Pacific Dividend ETF stock. Custom Portfolio Group LLC grew its position in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) by 26.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,937 shares of the company’s stock after acquiring an additional 13,272 shares during the period. iShares Asia/Pacific Dividend ETF comprises 1.7% of Custom Portfolio Group LLC’s portfolio, making the stock its 11th largest holding. Custom Portfolio Group LLC owned 5.47% of iShares Asia/Pacific Dividend ETF worth $2,138,000 at the end of the most recent quarter.

iShares Asia/Pacific Dividend ETF Company Profile

The iShares Asia\u002FPacific Dividend ETF (DVYA) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a dividend-weighted index of consistent highest dividend-yielding companies in the Asia-Pacific region. DVYA was launched on Feb 23, 2012 and is managed by BlackRock.