iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Trading Up 1% – Here’s Why

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA)’s stock price rose 1% on Friday . The company traded as high as $51.61 and last traded at $51.56. 11,968 shares changed hands during trading, an increase of 30% from the average daily volume of 9,234 shares. The stock had previously closed at $51.05.

iShares Asia/Pacific Dividend ETF Trading Up 1.0%

The stock has a market cap of $72.18 million, a price-to-earnings ratio of 11.42 and a beta of 0.57. The company’s fifty day moving average is $49.14 and its two-hundred day moving average is $49.42.

Institutional Investors Weigh In On iShares Asia/Pacific Dividend ETF

A hedge fund recently bought a new stake in iShares Asia/Pacific Dividend ETF stock. Triumph Capital Management acquired a new stake in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 675 shares of the company’s stock, valued at approximately $28,000. Triumph Capital Management owned 0.06% of iShares Asia/Pacific Dividend ETF at the end of the most recent quarter.

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.