ETF Reporting: iShares Select Dividend ETF Registered $-198.83M Redemptions Following -1.23% AUM Decrease

ETF Reporting: iShares Select Dividend ETF Registered $ 198.83M Redemptions Following  1.23% AUM Decrease

Today were reported iShares Select Dividend ETF (NYSEARCA:DVY)‘s daily net flows. The ETF registered $-198.83M asset outflows for -1.23% decrease, reaching $15969.74M after yestarday’s trading session. The chart of iShares Select Dividend ETF shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 0.08% or $0.07 on November 11, hitting $84.68. iShares Select Dividend ETF (NYSEARCA:DVY) has risen 3.89% since April 12, 2016 and is uptrending. It has underperformed by 1.09% the S&P500.

The ETF’s YTD performance is 14.55%, the 1 year is 13.01% and the 3 year is 9.9%.

The ETF’s average P/E ratio is 20.02, the price to book is 2.29, the price to sales is 1.62 and the price to cashflow is 8.73. iShares Select Dividend ETF is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Lockheed Martin Corporation Com for 3.92% of assets, CME Group Inc. for 3.16%, ONEOK Inc. Common Stock for 2.56%, Chevron Corporation Common Stoc for 2.54%, Philip Morris International Inc for 2.21%, Caterpillar Inc. Common Stock for 2.04%, NextEra Energy Inc. Common Sto for 1.96%, Kimberly-Clark Corporation Comm for 1.89%, Entergy Corporation Common Stoc for 1.86%, McDonald’s Corporation Common S for 1.84%. The ETF sector weights are: Basic Materials 2.11%, Consumer Cyclical 14.88%, Financial Services 13.86%, Consumer Defensive 9.25%, Healthcare 3.12%, Utilities 29.30%, Communication Services 2.12%, Energy 9.52%, Industrials 12.29%, Technology 3.56%. The ETF currently as 0% yield.

More notable recent iShares Select Dividend ETF (NYSEARCA:DVY) news were published by: Realmoney.Thestreet.com which released: “Risky to Go Long iShares Select Dividend ETF” on October 12, 2016, also Seekingalpha.com with their article: “The iShares Select Dividend ETF: Too Focused On Utilities” published on November 02, 2016, Etfdailynews.com published: “BlackRock: Investors Should Target Dividend Growers For Income” on November 08, 2016. More interesting news about iShares Select Dividend ETF (NYSEARCA:DVY) were released by: Etfdailynews.com and their article: “Beware Of This Dividend ETF’s Outsized Utilities Exposure” published on October 28, 2016 as well as Seekingalpha.com‘s news article titled: “The iShares Select Dividend ETF: Not Your Traditional Dividend ETF” with publication date: December 09, 2015.

DVY Company Profile

iShares Dow Jones Select Dividend Index Fund (the Fund) seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time. The Index stocks are screened by dividend-per-share growth rate, dividend payout percentage and average daily dollar trading volume, and are selected based on dividend yield.

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