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

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) dropped 1.3% during trading on Tuesday . The company traded as low as $36.98 and last traded at $36.98. Approximately 2,118 shares were traded during mid-day 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 Up 0.2 %

The company has a market cap of $42.45 million, a P/E ratio of 6.22 and a beta of 0.72. The stock’s 50-day moving average price is $37.83 and its 200 day moving average price is $36.90.

Institutional Investors 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 position in shares of iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) by 26.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 62,937 shares of the company’s stock after buying an additional 13,272 shares during the quarter. iShares Asia/Pacific Dividend ETF comprises 1.7% of Custom Portfolio Group LLC’s investment portfolio, making the stock its 11th biggest holding. Custom Portfolio Group LLC owned about 5.47% of iShares Asia/Pacific Dividend ETF worth $2,138,000 at the end of the most recent quarter.

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.