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

Shares of iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw strong trading volume on Tuesday . 171,395 shares were traded during trading, an increase of 81% from the previous session’s volume of 94,904 shares.The stock last traded at $27.65 and had previously closed at $27.39.

iShares Emerging Markets Dividend ETF Stock Performance

The company has a market capitalization of $730.81 million, a PE ratio of 7.85 and a beta of 0.82. The company’s fifty day moving average is $26.72 and its 200-day moving average is $27.21.

Institutional Trading of iShares Emerging Markets Dividend ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in iShares Emerging Markets Dividend ETF by 281.9% during the third quarter. JPMorgan Chase & Co. now owns 75,752 shares of the company’s stock valued at $2,174,000 after acquiring an additional 55,919 shares during the period. Crestwood Advisors Group LLC grew its position in shares of iShares Emerging Markets Dividend ETF by 2.3% during the fourth quarter. Crestwood Advisors Group LLC now owns 41,393 shares of the company’s stock worth $1,069,000 after purchasing an additional 927 shares in the last quarter. Argent Advisors Inc. raised its stake in iShares Emerging Markets Dividend ETF by 12.3% during the 4th quarter. Argent Advisors Inc. now owns 227,898 shares of the company’s stock valued at $5,887,000 after purchasing an additional 25,025 shares during the period. IHT Wealth Management LLC lifted its holdings 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 worth $408,000 after purchasing an additional 4,919 shares in the last quarter. Finally, Crescent Grove Advisors LLC boosted its stake in iShares Emerging Markets Dividend ETF by 13.2% in the 4th quarter. Crescent Grove Advisors LLC now owns 117,971 shares of the company’s stock worth $3,047,000 after purchasing an additional 13,742 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.