Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) Reaches New 52-Week High – Here’s What Happened

Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM)’s stock price hit a new 52-week high during trading on Friday . The company traded as high as $37.31 and last traded at $37.3640, with a volume of 177220 shares. The stock had previously closed at $36.81.

Dimensional Emerging Markets Core Equity 2 ETF Price Performance

The firm has a market capitalization of $8.12 billion, a price-to-earnings ratio of 14.02 and a beta of 0.71. The stock has a fifty day moving average of $34.79 and a two-hundred day moving average of $33.04.

Institutional Trading of Dimensional Emerging Markets Core Equity 2 ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Comerica Bank increased its position in shares of Dimensional Emerging Markets Core Equity 2 ETF by 279.5% during the first quarter. Comerica Bank now owns 945 shares of the company’s stock worth $25,000 after buying an additional 696 shares during the period. Larson Financial Group LLC bought a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF in the 3rd quarter worth about $27,000. Elevate Wealth Advisory Inc. lifted its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 2,335.7% in the 4th quarter. Elevate Wealth Advisory Inc. now owns 1,023 shares of the company’s stock valued at $34,000 after purchasing an additional 981 shares during the period. Topsail Wealth Management LLC boosted its position in shares of Dimensional Emerging Markets Core Equity 2 ETF by 87.8% during the 4th quarter. Topsail Wealth Management LLC now owns 1,335 shares of the company’s stock valued at $44,000 after purchasing an additional 624 shares in the last quarter. Finally, First United Bank & Trust acquired a new stake in Dimensional Emerging Markets Core Equity 2 ETF during the third quarter worth approximately $51,000.

Dimensional Emerging Markets Core Equity 2 ETF Company Profile

The Dimensional Emerging Markets Core Equity 2 ETF (DFEM) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFEM was launched on Apr 27, 2022 and is managed by Dimensional.