Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) Reaches New 52-Week High – Should You Buy?

Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $42.89 and last traded at $42.89, with a volume of 12242 shares traded. The stock had previously closed at $41.28.

Dimensional Emerging Markets Value ETF Trading Up 3.5%

The firm’s fifty day moving average price is $38.53 and its 200-day moving average price is $36.30. The company has a market cap of $1.95 billion, a P/E ratio of 10.75 and a beta of 0.72.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Asset Dedication LLC lifted its position in Dimensional Emerging Markets Value ETF by 2.1% in the fourth quarter. Asset Dedication LLC now owns 2,652,610 shares of the company’s stock worth $89,499,000 after purchasing an additional 54,595 shares during the period. Ritholtz Wealth Management lifted its position in Dimensional Emerging Markets Value ETF by 6.2% in the first quarter. Ritholtz Wealth Management now owns 1,424,431 shares of the company’s stock worth $50,966,000 after purchasing an additional 83,306 shares during the period. Jones Financial Companies Lllp lifted its position in Dimensional Emerging Markets Value ETF by 5.8% in the third quarter. Jones Financial Companies Lllp now owns 1,284,433 shares of the company’s stock worth $40,575,000 after purchasing an additional 70,176 shares during the period. Raymond James Financial Inc. lifted its position in Dimensional Emerging Markets Value ETF by 2.9% in the third quarter. Raymond James Financial Inc. now owns 902,519 shares of the company’s stock worth $28,781,000 after purchasing an additional 25,431 shares during the period. Finally, Sensible Money LLC lifted its position in Dimensional Emerging Markets Value ETF by 2.7% in the fourth quarter. Sensible Money LLC now owns 730,900 shares of the company’s stock worth $24,661,000 after purchasing an additional 19,348 shares during the period.

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.