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

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) shares saw unusually-high trading volume on Friday . Approximately 340,394 shares were traded during mid-day trading, an increase of 65% from the previous session’s volume of 206,362 shares.The stock last traded at $35.06 and had previously closed at $35.26.

iShares Emerging Markets Dividend ETF Trading Down 1.1%

The firm has a market cap of $1.24 billion, a P/E ratio of 7.78 and a beta of 0.50. The company’s 50-day moving average is $33.62 and its two-hundred day moving average is $34.16.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Raelipskie Partnership grew its holdings in iShares Emerging Markets Dividend ETF by 1.6% during the fourth quarter. Raelipskie Partnership now owns 21,540 shares of the company’s stock worth $671,000 after buying an additional 340 shares in the last quarter. Vantage Financial Partners LLC lifted its stake in iShares Emerging Markets Dividend ETF by 1.4% during the 4th quarter. Vantage Financial Partners LLC now owns 30,270 shares of the company’s stock valued at $943,000 after acquiring an additional 412 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in iShares Emerging Markets Dividend ETF by 4.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 10,573 shares of the company’s stock worth $314,000 after acquiring an additional 414 shares during the last quarter. IHT Wealth Management LLC boosted its holdings in iShares Emerging Markets Dividend ETF by 7.0% during the 4th quarter. IHT Wealth Management LLC now owns 11,589 shares of the company’s stock worth $361,000 after acquiring an additional 760 shares during the last quarter. Finally, Millstone Evans Group LLC bought a new stake in shares of iShares Emerging Markets Dividend ETF in the 1st quarter worth $29,000.

About iShares Emerging Markets Dividend ETF

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.