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

Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $38.14 and last traded at $38.08, with a volume of 551913 shares traded. The stock had previously closed at $37.71.

Dimensional Emerging Markets Core Equity 2 ETF Stock Up 1.0%

The company’s fifty day moving average is $35.12 and its two-hundred day moving average is $33.19. The stock has a market cap of $8.24 billion, a price-to-earnings ratio of 14.02 and a beta of 0.71.

Institutional Investors Weigh In On Dimensional Emerging Markets Core Equity 2 ETF

Several institutional investors have recently modified their holdings of DFEM. Comerica Bank increased its holdings in Dimensional Emerging Markets Core Equity 2 ETF by 279.5% in the first quarter. Comerica Bank now owns 945 shares of the company’s stock valued at $25,000 after buying an additional 696 shares during the last quarter. Larson Financial Group LLC acquired a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF during the 3rd quarter worth about $27,000. Elevate Wealth Advisory Inc. increased its holdings 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 acquiring an additional 981 shares during the last quarter. Topsail Wealth Management LLC raised 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 worth $44,000 after acquiring an additional 624 shares in the last quarter. Finally, First United Bank & Trust purchased 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.