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

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw unusually-high trading volume on Tuesday . Approximately 264,174 shares traded hands during trading, an increase of 194% from the previous session’s volume of 89,947 shares.The stock last traded at $25.75 and had previously closed at $25.86.

iShares Emerging Markets Dividend ETF Trading Down 0.3 %

The stock has a market capitalization of $649.66 million, a PE ratio of 5.28 and a beta of 0.63. The firm has a 50 day moving average price of $27.41 and a 200 day moving average price of $27.48.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its stake in iShares Emerging Markets Dividend ETF by 281.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 75,752 shares of the company’s stock worth $2,174,000 after buying an additional 55,919 shares in the last quarter. IHT Wealth Management LLC grew 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 worth $408,000 after purchasing an additional 4,919 shares in the last quarter. Crescent Grove Advisors LLC lifted its holdings in iShares Emerging Markets Dividend ETF by 11.1% in the 3rd quarter. Crescent Grove Advisors LLC now owns 104,229 shares of the company’s stock worth $2,991,000 after purchasing an additional 10,381 shares in the last quarter. Pinnacle Bancorp Inc. boosted its stake in iShares Emerging Markets Dividend ETF by 45.0% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 5,800 shares of the company’s stock worth $166,000 after purchasing an additional 1,800 shares during the period. Finally, Lowe Wealth Advisors LLC boosted its stake in iShares Emerging Markets Dividend ETF by 5.4% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 15,100 shares of the company’s stock worth $433,000 after purchasing an additional 778 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.