Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Reaches New 1-Year High – Here’s Why

Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) shares hit a new 52-week high on Monday . The stock traded as high as $42.22 and last traded at $42.16, with a volume of 72877 shares trading hands. The stock had previously closed at $42.13.

Dimensional US Large Cap Value ETF Price Performance

The stock has a market capitalization of $7.01 billion, a price-to-earnings ratio of 15.63 and a beta of 0.78. The stock’s 50 day simple moving average is $40.23 and its 200-day simple moving average is $38.17.

Institutional Investors Weigh In On Dimensional US Large Cap Value ETF

A number of large investors have recently bought and sold shares of the business. Royal Bank of Canada raised its holdings in Dimensional US Large Cap Value ETF by 22.6% during the first quarter. Royal Bank of Canada now owns 11,631 shares of the company’s stock valued at $356,000 after buying an additional 2,143 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Dimensional US Large Cap Value ETF during the 1st quarter valued at about $826,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Dimensional US Large Cap Value ETF by 214.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,242 shares of the company’s stock valued at $101,000 after acquiring an additional 2,211 shares during the last quarter. Qube Research & Technologies Ltd raised its stake in shares of Dimensional US Large Cap Value ETF by 471.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 5,105 shares of the company’s stock valued at $158,000 after acquiring an additional 4,211 shares in the last quarter. Finally, Quantinno Capital Management LP raised its stake in shares of Dimensional US Large Cap Value ETF by 124.4% in the 2nd quarter. Quantinno Capital Management LP now owns 25,556 shares of the company’s stock valued at $793,000 after acquiring an additional 14,167 shares in the last quarter.

About Dimensional US Large Cap Value ETF

The Dimensional US Large Cap Value ETF (DFLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to hold a broad and diversified selection of US large-cap companies of any sector that exhibit value characteristics. Portfolio holdings are weighted by market capitalization DFLV was launched on Dec 6, 2022 and is managed by Dimensional.