iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Stock Price Down 1.3% – Time to Sell?

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) shares dropped 1.3% during trading on Tuesday . The stock traded as low as $36.98 and last traded at $36.98. Approximately 2,118 shares changed hands 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 Stock Down 1.3 %

The company’s fifty day moving average is $37.82 and its 200 day moving average is $36.90. The firm has a market cap of $42.53 million, a price-to-earnings ratio of 6.22 and a beta of 0.72.

Institutional Trading of iShares Asia/Pacific Dividend ETF

An institutional investor recently raised its position in iShares Asia/Pacific Dividend ETF stock. Custom Portfolio Group LLC boosted its position in shares of iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) by 26.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,937 shares of the company’s stock after acquiring an additional 13,272 shares during the quarter. iShares Asia/Pacific Dividend ETF accounts for approximately 1.7% of Custom Portfolio Group LLC’s investment portfolio, making the stock its 11th biggest holding. Custom Portfolio Group LLC owned approximately 5.47% of iShares Asia/Pacific Dividend ETF worth $2,138,000 at the end of the most recent reporting period.

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.