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

Shares of iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw an uptick in trading volume on Monday . 251,153 shares traded hands during trading, an increase of 15% from the previous session’s volume of 219,341 shares.The stock last traded at $33.35 and had previously closed at $33.39.

iShares Emerging Markets Dividend ETF Stock Up 0.5%

The firm’s 50 day simple moving average is $34.71 and its two-hundred day simple moving average is $33.50. The stock has a market cap of $1.25 billion, a P/E ratio of 7.78 and a beta of 0.49.

Hedge Funds Weigh In On iShares Emerging Markets Dividend ETF

A number of large investors have recently bought and sold shares of DVYE. Millstone Evans Group LLC bought a new position in iShares Emerging Markets Dividend ETF in the first quarter worth about $29,000. Triumph Capital Management bought a new position in iShares Emerging Markets Dividend ETF in the third quarter worth about $34,000. Bogart Wealth LLC bought a new position in iShares Emerging Markets Dividend ETF in the first quarter worth about $34,000. Root Financial Partners LLC bought a new position in iShares Emerging Markets Dividend ETF during the 1st quarter worth $42,000. Finally, Sound Income Strategies LLC bought a new position in iShares Emerging Markets Dividend ETF during the 1st quarter worth $139,000.

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.