Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) Reaches New 52-Week High – Time to Buy?

Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) shares hit a new 52-week high during trading on Friday . The company traded as high as $38.63 and last traded at $38.59, with a volume of 38911 shares trading hands. The stock had previously closed at $37.84.

Dimensional Emerging Markets Core Equity 2 ETF Trading Up 2.0%

The company has a market capitalization of $8.64 billion, a price-to-earnings ratio of 14.02 and a beta of 0.73. The firm’s 50 day moving average price is $35.96 and its two-hundred day moving average price is $34.27.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DFEM. Brighton Jones LLC grew its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 19.2% in the 4th quarter. Brighton Jones LLC now owns 843,054 shares of the company’s stock valued at $22,080,000 after buying an additional 135,562 shares during the period. Comerica Bank boosted its holdings in Dimensional Emerging Markets Core Equity 2 ETF by 279.5% in the first quarter. Comerica Bank now owns 945 shares of the company’s stock worth $25,000 after acquiring an additional 696 shares in the last quarter. Royal Bank of Canada boosted its holdings in Dimensional Emerging Markets Core Equity 2 ETF by 7.8% in the first quarter. Royal Bank of Canada now owns 28,538 shares of the company’s stock worth $755,000 after acquiring an additional 2,064 shares in the last quarter. AQR Capital Management LLC grew its stake in Dimensional Emerging Markets Core Equity 2 ETF by 6.6% in the first quarter. AQR Capital Management LLC now owns 34,737 shares of the company’s stock valued at $919,000 after acquiring an additional 2,158 shares during the period. Finally, Cetera Investment Advisers acquired a new stake in Dimensional Emerging Markets Core Equity 2 ETF in the second quarter valued at approximately $441,000.

About Dimensional Emerging Markets Core Equity 2 ETF

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.