Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) Reaches New 52-Week High – Here’s Why

Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $33.95 and last traded at $33.89, with a volume of 2524 shares trading hands. The stock had previously closed at $33.76.

Dimensional Emerging Markets Value ETF Trading Up 0.3%

The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 10.75 and a beta of 0.65. The stock has a fifty day simple moving average of $32.42 and a 200-day simple moving average of $30.59.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Steigerwald Gordon & Koch Inc. acquired a new stake in Dimensional Emerging Markets Value ETF during the third quarter worth about $27,000. US Bancorp DE bought a new stake in Dimensional Emerging Markets Value ETF in the first quarter valued at approximately $38,000. DecisionPoint Financial LLC raised its stake in Dimensional Emerging Markets Value ETF by 91.6% during the third 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 last quarter. Parallel Advisors LLC acquired a new stake in Dimensional Emerging Markets Value ETF during the third quarter worth approximately $74,000. Finally, Comerica Bank increased its stake in shares of Dimensional Emerging Markets Value ETF by 170.0% in 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 in 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.