iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Sees Unusually-High Trading Volume – Time to Buy?

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 Stock Down 0.8 %

The stock has a market capitalization of $734.78 million, a P/E ratio of 7.85 and a beta of 0.82. The stock’s 50 day moving average price is $26.55 and its 200-day moving average price is $27.20.

Institutional Trading of iShares Emerging Markets Dividend ETF

Several hedge funds and other institutional investors have recently bought and sold shares of DVYE. Jones Financial Companies Lllp lifted its stake in shares of iShares Emerging Markets Dividend ETF by 867.4% during the 4th quarter. Jones Financial Companies Lllp now owns 2,583 shares of the company’s stock worth $67,000 after purchasing an additional 2,316 shares during the last quarter. IHT Wealth Management LLC lifted its position in shares of iShares Emerging Markets Dividend ETF by 53.0% during the third quarter. IHT Wealth Management LLC now owns 14,203 shares of the company’s stock valued at $408,000 after buying an additional 4,919 shares during the last quarter. Lowe Wealth Advisors LLC boosted its holdings in shares of iShares Emerging Markets Dividend ETF by 13.9% in the 4th quarter. Lowe Wealth Advisors LLC now owns 17,201 shares of the company’s stock valued at $444,000 after buying an additional 2,101 shares in the last quarter. 10Elms LLP purchased a new position in shares of iShares Emerging Markets Dividend ETF in the 4th quarter worth approximately $462,000. Finally, Vantage Financial Partners LLC raised its stake in shares of iShares Emerging Markets Dividend ETF by 29.6% during the 4th quarter. Vantage Financial Partners LLC now owns 28,443 shares of the company’s stock worth $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.