Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) Reaches New 1-Year High – Still a Buy?

Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $35.69 and last traded at $35.70, with a volume of 31029 shares. The stock had previously closed at $35.23.

Dimensional Emerging Markets Value ETF Stock Performance

The company has a fifty day simple moving average of $33.75 and a two-hundred day simple moving average of $32.36. The firm has a market capitalization of $1.40 billion, a PE ratio of 10.75 and a beta of 0.65.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Guardian Wealth Management LLC bought a new stake in shares of Dimensional Emerging Markets Value ETF in the 4th quarter valued at about $12,339,000. Ritholtz Wealth Management lifted its position in Dimensional Emerging Markets Value ETF by 23.7% during the second quarter. Ritholtz Wealth Management now owns 1,247,799 shares of the company’s stock valued at $37,421,000 after acquiring an additional 239,385 shares during the last quarter. Vestmark Advisory Solutions Inc. lifted its position in Dimensional Emerging Markets Value ETF by 107.5% during the second quarter. Vestmark Advisory Solutions Inc. now owns 421,062 shares of the company’s stock valued at $12,628,000 after acquiring an additional 218,181 shares during the last quarter. Estate Counselors LLC acquired a new stake in Dimensional Emerging Markets Value ETF in the third quarter valued at approximately $5,780,000. Finally, Moneta Group Investment Advisors LLC purchased a new position in Dimensional Emerging Markets Value ETF in the third quarter worth $5,017,000.

About Dimensional Emerging Markets Value ETF

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.