Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) Sets New 12-Month High – Time to Buy?

Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) shares hit a new 52-week high on Friday . The stock traded as high as $34.25 and last traded at $34.2640, with a volume of 5281 shares trading hands. The stock had previously closed at $33.74.

Dimensional Emerging Markets Value ETF Trading Up 1.9%

The stock has a market capitalization of $1.30 billion, a PE ratio of 10.75 and a beta of 0.65. The business’s 50 day moving average is $33.30 and its 200 day moving average is $31.86.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Steigerwald Gordon & Koch Inc. purchased a new position in shares of Dimensional Emerging Markets Value ETF in the third quarter worth about $27,000. DecisionPoint Financial LLC increased its holdings in Dimensional Emerging Markets Value ETF by 91.6% in the 3rd quarter. DecisionPoint Financial LLC now owns 1,744 shares of the company’s stock worth $56,000 after buying an additional 834 shares during the period. Parallel Advisors LLC purchased a new position in Dimensional Emerging Markets Value ETF during the 3rd quarter worth approximately $74,000. Comerica Bank lifted its stake in Dimensional Emerging Markets Value ETF by 170.0% during the 1st quarter. Comerica Bank now owns 3,713 shares of the company’s stock valued at $100,000 after acquiring an additional 2,338 shares during the period. Finally, Motco purchased a new stake in shares of Dimensional Emerging Markets Value ETF in the 2nd quarter valued at $195,000.

About Dimensional Emerging Markets Value ETF

The Dimensional Emerging Markets Value ETF (DFEV) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes exhibiting value characteristics, seeking to provide long-term capital appreciation. DFEV was launched on Apr 27, 2022 and is managed by Dimensional.