Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) Hits New 1-Year High – Here’s Why

Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) shares reached a new 52-week high on Thursday . The company traded as high as $44.49 and last traded at $44.49, with a volume of 55360 shares changing hands. The stock had previously closed at $43.27.

Dimensional Emerging Markets Value ETF Price Performance

The stock’s 50-day simple moving average is $41.23 and its 200 day simple moving average is $37.59. The stock has a market capitalization of $2.02 billion, a P/E ratio of 10.75 and a beta of 0.73.

Institutional Trading of Dimensional Emerging Markets Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Corus Family Wealth Advisors lifted its position in Dimensional Emerging Markets Value ETF by 93.9% during the third quarter. Corus Family Wealth Advisors now owns 37,055 shares of the company’s stock worth $1,182,000 after acquiring an additional 17,940 shares during the last quarter. Index Fund Advisors Inc. boosted its holdings in shares of Dimensional Emerging Markets Value ETF by 7.6% during the fourth quarter. Index Fund Advisors Inc. now owns 439,842 shares of the company’s stock worth $14,840,000 after acquiring an additional 31,045 shares during the period. Cordant Inc. grew its position in shares of Dimensional Emerging Markets Value ETF by 18.5% in the fourth quarter. Cordant Inc. now owns 197,751 shares of the company’s stock valued at $6,672,000 after purchasing an additional 30,809 shares during the last quarter. Ritholtz Wealth Management grew its position in shares of Dimensional Emerging Markets Value ETF by 2.9% in the fourth quarter. Ritholtz Wealth Management now owns 1,341,125 shares of the company’s stock valued at $45,250,000 after purchasing an additional 37,316 shares during the last quarter. Finally, Asset Dedication LLC increased its stake in shares of Dimensional Emerging Markets Value ETF by 2.1% during 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.

Dimensional Emerging Markets Value ETF Company Profile

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.