Envestnet Asset Management Inc. Purchases 4,227 Shares of Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM)

Envestnet Asset Management Inc. lifted its stake in Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) by 0.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,188,488 shares of the company’s stock after purchasing an additional 4,227 shares during the period. Envestnet Asset Management Inc. owned 0.66% of Dimensional Emerging Markets Core Equity 2 ETF worth $31,447,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Curio Wealth LLC purchased a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF during the fourth quarter valued at about $36,000. Salomon & Ludwin LLC purchased a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF during the first quarter valued at about $47,000. Physician Wealth Advisors Inc. purchased a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF during the fourth quarter valued at about $63,000. Crewe Advisors LLC purchased a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF during the first quarter valued at about $65,000. Finally, Glass Jacobson Investment Advisors llc grew its position in shares of Dimensional Emerging Markets Core Equity 2 ETF by 40.4% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 2,723 shares of the company’s stock valued at $71,000 after purchasing an additional 784 shares in the last quarter.

Dimensional Emerging Markets Core Equity 2 ETF Price Performance

Shares of NYSEARCA DFEM opened at $29.91 on Tuesday. The company has a market cap of $5.67 billion, a P/E ratio of 14.02 and a beta of 0.87. Dimensional Emerging Markets Core Equity 2 ETF has a 1 year low of $23.08 and a 1 year high of $30.07. The firm has a 50-day simple moving average of $28.79 and a two-hundred day simple moving average of $27.18.

Dimensional Emerging Markets Core Equity 2 ETF Profile

The Dimensional Emerging Markets Core Equity 2 ETF (DFEM) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFEM was launched on Apr 27, 2022 and is managed by Dimensional.