iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Shares Down 1.2%

Shares of iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) dropped 1.2% on Friday . The stock traded as low as $26.40 and last traded at $26.46. Approximately 46,679 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 88,794 shares. The stock had previously closed at $26.79.

iShares Emerging Markets Dividend ETF Stock Down 1.2 %

The company’s 50-day moving average is $26.43 and its two-hundred day moving average is $25.56. The company has a market capitalization of $672.08 million, a P/E ratio of 3.32 and a beta of 0.78.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC grew its position in iShares Emerging Markets Dividend ETF by 150.0% during the fourth quarter. Parallel Advisors LLC now owns 5,000 shares of the company’s stock valued at $132,000 after acquiring an additional 3,000 shares during the last quarter. Comerica Bank grew its holdings in shares of iShares Emerging Markets Dividend ETF by 30.1% in the fourth quarter. Comerica Bank now owns 5,195 shares of the company’s stock worth $138,000 after purchasing an additional 1,201 shares during the last quarter. Fortitude Family Office LLC bought a new position in shares of iShares Emerging Markets Dividend ETF in the fourth quarter worth approximately $145,000. IHT Wealth Management LLC bought a new position in shares of iShares Emerging Markets Dividend ETF in the third quarter worth approximately $262,000. Finally, Lowe Wealth Advisors LLC grew its holdings in shares of iShares Emerging Markets Dividend ETF by 8.8% in the fourth quarter. Lowe Wealth Advisors LLC now owns 10,165 shares of the company’s stock worth $269,000 after purchasing an additional 825 shares during the last quarter.

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.