iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Reaches New 12-Month High at $27.32

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $27.32 and last traded at $27.31, with a volume of 14863 shares changing hands. The stock had previously closed at $26.97.

iShares Emerging Markets Dividend ETF Stock Up 1.5 %

The stock has a market capitalization of $707.77 million, a price-to-earnings ratio of 4.96 and a beta of 0.78. The stock’s 50-day simple moving average is $26.51 and its 200 day simple moving average is $25.79.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in DVYE. Janney Montgomery Scott LLC raised its holdings in shares of iShares Emerging Markets Dividend ETF by 0.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 66,854 shares of the company’s stock valued at $1,771,000 after purchasing an additional 562 shares during the period. Lowe Wealth Advisors LLC grew its holdings in iShares Emerging Markets Dividend ETF by 8.8% during the fourth quarter. Lowe Wealth Advisors LLC now owns 10,165 shares of the company’s stock valued at $269,000 after purchasing an additional 825 shares during the period. Vantage Financial Partners LLC lifted its stake in shares of iShares Emerging Markets Dividend ETF by 5.9% during the 4th quarter. Vantage Financial Partners LLC now owns 20,722 shares of the company’s stock valued at $549,000 after buying an additional 1,148 shares in the last quarter. Security National Bank increased its position in shares of iShares Emerging Markets Dividend ETF by 40.1% during the first quarter. Security National Bank now owns 4,906 shares of the company’s stock valued at $128,000 after buying an additional 1,404 shares during the period. Finally, Parallel Advisors LLC grew its position in iShares Emerging Markets Dividend ETF by 150.0% during the fourth quarter. Parallel Advisors LLC now owns 5,000 shares of the company’s stock worth $132,000 after buying an additional 3,000 shares in the last quarter.

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.