iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Sees Strong Trading Volume – Should You Buy?

Shares of iShares Emerging Markets Dividend ETF (NYSEARCA:DVYEGet Free Report) saw unusually-high trading volume on Monday . Approximately 251,153 shares were traded during trading, an increase of 15% from the previous session’s volume of 219,341 shares.The stock last traded at $33.35 and had previously closed at $33.39.

iShares Emerging Markets Dividend ETF Stock Performance

The company has a market capitalization of $1.25 billion, a P/E ratio of 7.78 and a beta of 0.49. The stock has a 50 day moving average price of $34.71 and a 200 day moving average price of $33.46.

Hedge Funds Weigh In On iShares Emerging Markets Dividend ETF

Several institutional investors have recently bought and sold shares of DVYE. JPMorgan Chase & Co. lifted its stake in iShares Emerging Markets Dividend ETF by 33.3% in the second quarter. JPMorgan Chase & Co. now owns 168,700 shares of the company’s stock valued at $4,833,000 after purchasing an additional 42,113 shares during the last quarter. Baird Financial Group Inc. increased its holdings in iShares Emerging Markets Dividend ETF by 4.7% in the 2nd quarter. Baird Financial Group Inc. now owns 52,755 shares of the company’s stock worth $1,511,000 after acquiring an additional 2,375 shares during the last quarter. Marshall Wace LLP increased its holdings in iShares Emerging Markets Dividend ETF by 225.3% in the 2nd quarter. Marshall Wace LLP now owns 169,742 shares of the company’s stock worth $4,863,000 after acquiring an additional 117,555 shares during the last quarter. NewEdge Advisors LLC increased its holdings in iShares Emerging Markets Dividend ETF by 25.6% in the 2nd quarter. NewEdge Advisors LLC now owns 256,538 shares of the company’s stock worth $7,350,000 after acquiring an additional 52,235 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in iShares Emerging Markets Dividend ETF by 33.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 13,480 shares of the company’s stock worth $397,000 after acquiring an additional 3,364 shares during the last quarter.

iShares Emerging Markets Dividend ETF Company Profile

(Get Free Report)

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.

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