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

Shares of iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw an uptick in trading volume on Tuesday . 171,395 shares traded hands 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 stock’s 50-day moving average price is $26.72 and its two-hundred day moving average price is $27.21. The stock has a market capitalization of $730.81 million, a PE ratio of 7.85 and a beta of 0.82.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of DVYE. Crestwood Advisors Group LLC increased its holdings in shares of iShares Emerging Markets Dividend ETF by 2.3% in the 4th 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. Baird Financial Group Inc. raised its position in iShares Emerging Markets Dividend ETF by 3.7% in the 4th quarter. Baird Financial Group Inc. now owns 47,544 shares of the company’s stock worth $1,228,000 after buying an additional 1,684 shares during the last quarter. Lowe Wealth Advisors LLC boosted its holdings in shares of iShares Emerging Markets Dividend ETF by 13.9% during the 4th quarter. Lowe Wealth Advisors LLC now owns 17,201 shares of the company’s stock valued at $444,000 after acquiring an additional 2,101 shares during the last quarter. Jones Financial Companies Lllp grew its position in iShares Emerging Markets Dividend ETF by 867.4% in 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 period. Finally, IHT Wealth Management LLC increased its position in 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 acquiring an additional 4,919 shares during the last quarter.

About iShares Emerging Markets Dividend ETF

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.