Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) Sets New 52-Week High – Still a Buy?

Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $39.52 and last traded at $39.48, with a volume of 27004 shares. The stock had previously closed at $38.81.

Dimensional Emerging Markets Value ETF Stock Performance

The business has a 50 day simple moving average of $37.06 and a two-hundred day simple moving average of $34.93. The firm has a market capitalization of $1.76 billion, a P/E ratio of 10.75 and a beta of 0.67.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Comerica Bank grew its stake in Dimensional Emerging Markets Value ETF by 170.0% in the 1st quarter. Comerica Bank now owns 3,713 shares of the company’s stock worth $100,000 after buying an additional 2,338 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Dimensional Emerging Markets Value ETF by 21.6% during the 1st quarter. Royal Bank of Canada now owns 25,935 shares of the company’s stock worth $702,000 after acquiring an additional 4,606 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Dimensional Emerging Markets Value ETF by 26.9% during the 2nd quarter. Baird Financial Group Inc. now owns 28,680 shares of the company’s stock worth $860,000 after acquiring an additional 6,072 shares during the last quarter. Main Street Financial Solutions LLC grew its position in Dimensional Emerging Markets Value ETF by 2.7% in the second quarter. Main Street Financial Solutions LLC now owns 79,354 shares of the company’s stock worth $2,380,000 after acquiring an additional 2,085 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in Dimensional Emerging Markets Value ETF by 5.1% in the second quarter. Raymond James Financial Inc. now owns 877,088 shares of the company’s stock valued at $26,304,000 after acquiring an additional 42,913 shares during the last quarter.

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.