iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Sets New 52-Week High – Here’s What Happened

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $32.07 and last traded at $32.0150, with a volume of 26826 shares changing hands. The stock had previously closed at $31.92.

iShares Emerging Markets Dividend ETF Stock Up 0.4%

The company has a market cap of $1.08 billion, a PE ratio of 7.78 and a beta of 0.65. The company has a 50-day moving average of $31.20 and a 200-day moving average of $30.14.

Institutional Trading of iShares Emerging Markets Dividend ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Ameriprise Financial Inc. increased its holdings in shares of iShares Emerging Markets Dividend ETF by 4.1% in the third quarter. Ameriprise Financial Inc. now owns 10,573 shares of the company’s stock worth $314,000 after purchasing an additional 414 shares during the period. Lowe Wealth Advisors LLC increased its position in shares of iShares Emerging Markets Dividend ETF by 2.2% in the third quarter. Lowe Wealth Advisors LLC now owns 23,235 shares of the company’s stock worth $690,000 after purchasing an additional 510 shares during the last quarter. Triumph Capital Management bought a new stake in iShares Emerging Markets Dividend ETF during the third quarter valued at approximately $34,000. Crestwood Advisors Group LLC increased its holdings in shares of iShares Emerging Markets Dividend ETF by 3.0% in the 2nd quarter. Crestwood Advisors Group LLC now owns 42,647 shares of the company’s stock worth $1,222,000 after buying an additional 1,254 shares during the last quarter. Finally, Morgan Dempsey Capital Management LLC bought a new stake in shares of iShares Emerging Markets Dividend ETF during the 2nd quarter worth $53,000.

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.