Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) Sets New 1-Year High – Here’s Why

Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $34.79 and last traded at $34.60, with a volume of 175908 shares changing hands. The stock had previously closed at $34.70.

Dimensional Emerging Markets Value ETF Stock Performance

The stock’s 50-day simple moving average is $33.41 and its two-hundred day simple moving average is $32.03. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 10.75 and a beta of 0.65.

Institutional Trading of Dimensional Emerging Markets Value ETF

Several hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC increased its position in Dimensional Emerging Markets Value ETF by 94.1% in the 1st quarter. Jane Street Group LLC now owns 673,257 shares of the company’s stock worth $18,212,000 after buying an additional 326,440 shares during the period. Ritholtz Wealth Management grew its stake in shares of Dimensional Emerging Markets Value ETF by 23.7% in the second quarter. Ritholtz Wealth Management now owns 1,247,799 shares of the company’s stock worth $37,421,000 after acquiring an additional 239,385 shares during the last quarter. Vestmark Advisory Solutions Inc. increased its position in Dimensional Emerging Markets Value ETF by 107.5% during the second quarter. Vestmark Advisory Solutions Inc. now owns 421,062 shares of the company’s stock worth $12,628,000 after acquiring an additional 218,181 shares during the period. Estate Counselors LLC bought a new position in Dimensional Emerging Markets Value ETF during the third quarter worth $5,780,000. Finally, Moneta Group Investment Advisors LLC acquired a new position in Dimensional Emerging Markets Value ETF during the 3rd quarter valued at $5,017,000.

Dimensional Emerging Markets Value ETF Company Profile

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.