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

Shares of iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw strong trading volume on Monday . Approximately 186,332 shares traded hands during trading, a decline of 18% from the previous session’s volume of 226,243 shares.The stock last traded at $33.29 and had previously closed at $33.15.

iShares Emerging Markets Dividend ETF Trading Up 0.6%

The company has a 50-day simple moving average of $33.53 and a 200 day simple moving average of $33.88. The company has a market cap of $1.20 billion, a P/E ratio of 7.78 and a beta of 0.50.

Institutional Trading of iShares Emerging Markets Dividend ETF

A number of large investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp increased its stake in iShares Emerging Markets Dividend ETF by 15.0% in the 1st quarter. Bank of New York Mellon Corp now owns 348,902 shares of the company’s stock worth $11,995,000 after buying an additional 45,576 shares during the period. JPMorgan Chase & Co. grew its stake in iShares Emerging Markets Dividend ETF by 69.8% in the 4th quarter. JPMorgan Chase & Co. now owns 277,124 shares of the company’s stock worth $8,635,000 after acquiring an additional 113,873 shares in the last quarter. NewEdge Advisors LLC grew its stake in iShares Emerging Markets Dividend ETF by 1.6% in the 3rd quarter. NewEdge Advisors LLC now owns 260,621 shares of the company’s stock worth $7,738,000 after acquiring an additional 4,083 shares in the last quarter. Argent Advisors Inc. increased its position in shares of iShares Emerging Markets Dividend ETF by 0.9% during the first quarter. Argent Advisors Inc. now owns 235,524 shares of the company’s stock worth $8,097,000 after acquiring an additional 1,992 shares during the period. Finally, Marshall Wace LLP increased its position in shares of iShares Emerging Markets Dividend ETF by 4.3% during the fourth quarter. Marshall Wace LLP now owns 180,877 shares of the company’s stock worth $5,636,000 after acquiring an additional 7,463 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.