iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Trading Down 0.3% – Time to Sell?

Shares of iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) were down 0.3% on Thursday . The stock traded as low as $35.71 and last traded at $35.78. Approximately 1,983 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 5,128 shares. The stock had previously closed at $35.88.

iShares Asia/Pacific Dividend ETF Stock Up 0.8 %

The stock has a market capitalization of $41.47 million, a P/E ratio of 6.22 and a beta of 0.72. The business has a fifty day moving average price of $36.61 and a 200-day moving average price of $36.85.

Hedge Funds Weigh In On iShares Asia/Pacific Dividend ETF

An institutional investor recently raised its position in iShares Asia/Pacific Dividend ETF stock. Custom Portfolio Group LLC increased its stake in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) by 26.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,937 shares of the company’s stock after purchasing an additional 13,272 shares during the quarter. iShares Asia/Pacific Dividend ETF accounts for 1.7% of Custom Portfolio Group LLC’s portfolio, making the stock its 11th largest position. Custom Portfolio Group LLC owned about 5.47% of iShares Asia/Pacific Dividend ETF worth $2,138,000 as of its most recent filing with the Securities and Exchange Commission.

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.