Summit Portfolio Management LTD. Acquires Shares of 146,929 Dimensional US Marketwide Value ETF $DFUV

Summit Portfolio Management LTD. bought a new position in Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 146,929 shares of the company’s stock, valued at approximately $7,120,000. Dimensional US Marketwide Value ETF accounts for 4.6% of Summit Portfolio Management LTD.’s portfolio, making the stock its 9th largest position. Summit Portfolio Management LTD. owned approximately 0.05% of Dimensional US Marketwide Value ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Integrity Investment Advisors LLC acquired a new position in shares of Dimensional US Marketwide Value ETF during the first quarter worth about $355,000. Frankly Finances LLC boosted its holdings in Dimensional US Marketwide Value ETF by 0.9% in the 1st quarter. Frankly Finances LLC now owns 268,240 shares of the company’s stock valued at $12,999,000 after purchasing an additional 2,410 shares in the last quarter. Kathmere Capital Management LLC boosted its holdings in Dimensional US Marketwide Value ETF by 16.4% in the 1st quarter. Kathmere Capital Management LLC now owns 23,959 shares of the company’s stock valued at $1,161,000 after purchasing an additional 3,381 shares in the last quarter. Ascentis Independent Advisors acquired a new position in Dimensional US Marketwide Value ETF during the 1st quarter worth approximately $265,000. Finally, Powerhouse Assets LLC increased its position in Dimensional US Marketwide Value ETF by 15.2% during the 1st quarter. Powerhouse Assets LLC now owns 18,654 shares of the company’s stock worth $904,000 after purchasing an additional 2,461 shares during the period.

Dimensional US Marketwide Value ETF Price Performance

DFUV opened at $54.43 on Thursday. The business has a 50 day simple moving average of $53.69 and a 200-day simple moving average of $50.69. The stock has a market capitalization of $15.14 billion, a P/E ratio of 15.88 and a beta of 0.89. Dimensional US Marketwide Value ETF has a 12 month low of $41.62 and a 12 month high of $55.65.

Dimensional US Marketwide Value ETF Company Profile

The Dimensional US Marketwide Value ETF (DFUV) is an exchange-traded fund that is based on the Russell 3000 Value index. The fund is an actively managed portfolio of US stocks, selected for having value characteristics. The fund seeks to provide long-term capital appreciation. DFUV was launched on Dec 16, 1998 and is managed by Dimensional.