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

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw strong trading volume on Friday . Approximately 340,394 shares changed hands 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 Stock Down 1.1%

The firm has a market capitalization of $1.24 billion, a PE ratio of 7.78 and a beta of 0.50. The stock has a 50-day simple moving average of $33.62 and a 200-day simple moving average of $34.16.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

Large investors have recently added to or reduced their stakes in the company. Millstone Evans Group LLC bought a new stake in iShares Emerging Markets Dividend ETF in the 1st quarter valued at about $29,000. Bogart Wealth LLC bought a new stake in shares of iShares Emerging Markets Dividend ETF in the first quarter valued at approximately $34,000. Triumph Capital Management purchased a new stake in shares of iShares Emerging Markets Dividend ETF during the 3rd quarter valued at approximately $34,000. Root Financial Partners LLC purchased a new stake in shares of iShares Emerging Markets Dividend ETF during the 1st quarter valued at approximately $42,000. Finally, Highland Investment Advisors LLC bought a new position in iShares Emerging Markets Dividend ETF in the 2nd quarter worth approximately $68,000.

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.