iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Sees Increased Trading Activity
On a recent trading day, the iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) experienced a notable rise in trading volume. A total of 76,176 shares were exchanged on Friday, marking a decline of 9% from the previous day's volume of 83,670 shares. The last recorded price of the ETF was $27.02, down from its previous closing value of $27.24.
Performance of iShares Emerging Markets Dividend ETF
This ETF holds a market capitalization of approximately $682.67 million. It features a PE ratio of 5.28, with a beta of 0.63, indicating lower volatility compared to the market. The 50-day simple moving average stands at $28.13, while the two-hundred day moving average is $27.74, providing insights into its price trends over these periods.
Recent Institutional Trading Activity
Recently, several institutional investors have adjusted their positions in the iShares Emerging Markets Dividend ETF. Pinnacle Bancorp Inc. increased its holdings by 45.0% during the third quarter, bringing its total to 5,800 shares valued at $166,000 after acquiring an additional 1,800 shares. IHT Wealth Management LLC also boosted its stake by 53.0% to a total of 14,203 shares worth $408,000 following a purchase of 4,919 shares. Lowe Wealth Advisors LLC raised its position by 42.6%, now owning 14,322 shares valued at $389,000 after acquiring 4,282 shares. Additionally, Vantage Financial Partners LLC continued to expand its holdings with a 2.6% increase, totaling 21,354 shares valued at $580,000. Finally, Bank of New York Mellon Corp grew its investment by 71.2%, now holding 65,462 shares worth $1,779,000 after purchasing an extra 27,233 shares.
About iShares Emerging Markets Dividend ETF
The iShares Emerging Markets Dividend ETF (DVYE) is an exchange-traded fund that primarily focuses on high dividend yield equities. It tracks a dividend-weighted index that comprises high-dividend-paying companies from emerging markets. Launched on February 23, 2012, the fund is managed by BlackRock.
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iShares, Emerging, Markets, ETF, Trading