iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Shares Break Below 200 Day Moving Average – Time to Sell?

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA)’s share price crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $49.81 and traded as low as $49.30. iShares Asia/Pacific Dividend ETF shares last traded at $49.39, with a volume of 9,171 shares changing hands.

iShares Asia/Pacific Dividend ETF Trading Down 0.9%

The stock has a market cap of $66.68 million, a P/E ratio of 11.42 and a beta of 0.59. The firm’s 50-day simple moving average is $50.51 and its 200 day simple moving average is $49.81.

Hedge Funds Weigh In On iShares Asia/Pacific Dividend ETF

A hedge fund recently bought a new stake in iShares Asia/Pacific Dividend ETF stock. Rosenberg Matthew Hamilton acquired a new position in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 658 shares of the company’s stock, valued at approximately $33,000.

About iShares Asia/Pacific Dividend ETF

The iShares Asia\u002FPacific Dividend ETF (DVYA) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a dividend-weighted index of consistent highest dividend-yielding companies in the Asia-Pacific region. DVYA was launched on Feb 23, 2012 and is managed by BlackRock.