iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Shares Cross Below 200-Day Moving Average – What’s Next?

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA)’s stock price passed 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 Price Performance

The company has a 50-day moving average price of $37.89 and a 200-day moving average price of $36.92. The firm has a market capitalization of $42.42 million, a PE 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 increased its stake in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) by 26.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 62,937 shares of the company’s stock after buying an additional 13,272 shares during the quarter. iShares Asia/Pacific Dividend ETF comprises 1.7% of Custom Portfolio Group LLC’s portfolio, making the stock its 11th largest position. Custom Portfolio Group LLC owned about 5.47% of iShares Asia/Pacific Dividend ETF worth $2,138,000 as of its most recent filing with the SEC.

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.