iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Shares Down 0.3% – Should You Sell?

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) were down 0.3% during mid-day trading 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 Trading Down 0.3 %

The firm has a market cap of $41.15 million, a price-to-earnings ratio of 6.22 and a beta of 0.72. The stock has a 50-day moving average of $36.65 and a 200-day moving average of $36.85.

Hedge Funds Weigh In On iShares Asia/Pacific Dividend ETF

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

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.