iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Shares Down 1.3% – Should You Sell?

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA)’s share price were down 1.3% during trading on Tuesday . The stock traded as low as $36.98 and last traded at $36.98. Approximately 2,118 shares were traded during trading, a decline of 47% from the average daily volume of 3,966 shares. The stock had previously closed at $37.46.

iShares Asia/Pacific Dividend ETF Price Performance

The business’s 50-day moving average price is $37.83 and its two-hundred day moving average price is $36.90. The firm has a market cap of $42.45 million, a price-to-earnings ratio of 6.22 and a beta of 0.72.

Institutional Investors Weigh In On iShares Asia/Pacific Dividend ETF

An institutional investor recently bought a new position in iShares Asia/Pacific Dividend ETF stock. Flow Traders U.S. LLC acquired a new position in shares of iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 10,371 shares of the company’s stock, valued at approximately $402,000. Flow Traders U.S. LLC owned approximately 0.90% of iShares Asia/Pacific Dividend ETF as of its most recent SEC filing.

iShares Asia/Pacific Dividend ETF Company Profile

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.