iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Hits New 1-Year Low – Should You Sell?

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYEGet Free Report) hit a new 52-week low during trading on Friday . The company traded as low as $25.20 and last traded at $25.20, with a volume of 27152 shares trading hands. The stock had previously closed at $25.64.

iShares Emerging Markets Dividend ETF Price Performance

The stock has a market cap of $634.79 million, a price-to-earnings ratio of 5.28 and a beta of 0.63. The stock’s 50 day simple moving average is $27.03 and its two-hundred day simple moving average is $27.40.

Institutional Trading of iShares Emerging Markets Dividend ETF

Several large investors have recently made changes to their positions in DVYE. Pinnacle Bancorp Inc. lifted its holdings in iShares Emerging Markets Dividend ETF by 45.0% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 5,800 shares of the company’s stock worth $166,000 after buying an additional 1,800 shares in the last quarter. IHT Wealth Management LLC boosted its holdings in iShares Emerging Markets Dividend ETF by 53.0% in the third quarter. IHT Wealth Management LLC now owns 14,203 shares of the company’s stock valued at $408,000 after acquiring an additional 4,919 shares during the last quarter. Lowe Wealth Advisors LLC boosted its holdings in iShares Emerging Markets Dividend ETF by 5.4% in the third quarter. Lowe Wealth Advisors LLC now owns 15,100 shares of the company’s stock valued at $433,000 after acquiring an additional 778 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in iShares Emerging Markets Dividend ETF by 71.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 65,462 shares of the company’s stock worth $1,779,000 after purchasing an additional 27,233 shares during the last quarter. Finally, Custom Portfolio Group LLC lifted its position in iShares Emerging Markets Dividend ETF by 15.5% during the 2nd quarter. Custom Portfolio Group LLC now owns 81,733 shares of the company’s stock valued at $2,151,000 after purchasing an additional 10,943 shares during the period.

About iShares Emerging Markets Dividend ETF

(Get Free Report)

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.

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