Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Dimensional US Large Cap Value ETF (NYSEARCA:DFLV)’s share price passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $41.31 and traded as high as $41.99. Dimensional US Large Cap Value ETF shares last traded at $41.84, with a volume of 521,379 shares.

Dimensional US Large Cap Value ETF Stock Up 2.0%

The stock’s 50-day simple moving average is $41.31 and its 200 day simple moving average is $39.11. The firm has a market cap of $7.40 billion, a P/E ratio of 15.63 and a beta of 0.77.

Hedge Funds Weigh In On Dimensional US Large Cap Value ETF

Several institutional investors have recently added to or reduced their stakes in DFLV. Western Wealth Management LLC increased its stake in shares of Dimensional US Large Cap Value ETF by 13.7% in the 3rd quarter. Western Wealth Management LLC now owns 10,374 shares of the company’s stock valued at $417,000 after acquiring an additional 1,252 shares in the last quarter. Cardiff Park Advisors LLC lifted its position in shares of Dimensional US Large Cap Value ETF by 33.3% during the 3rd quarter. Cardiff Park Advisors LLC now owns 22,138 shares of the company’s stock valued at $889,000 after acquiring an additional 5,532 shares during the period. Harbour Investments Inc. acquired a new position in shares of Dimensional US Large Cap Value ETF during the 3rd quarter valued at $2,328,000. IFG Advisory LLC lifted its position in shares of Dimensional US Large Cap Value ETF by 23.6% during the 3rd quarter. IFG Advisory LLC now owns 23,210 shares of the company’s stock valued at $932,000 after acquiring an additional 4,435 shares during the period. Finally, Allworth Financial LP boosted its stake in Dimensional US Large Cap Value ETF by 4.6% during the third quarter. Allworth Financial LP now owns 395,250 shares of the company’s stock worth $15,628,000 after acquiring an additional 17,342 shares in the last quarter.

Dimensional US Large Cap Value ETF Company Profile

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.