Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) Hits New 12-Month High – Still a Buy?

Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $42.89 and last traded at $42.89, with a volume of 12242 shares changing hands. The stock had previously closed at $41.28.

Dimensional Emerging Markets Value ETF Trading Up 1.0%

The stock’s 50-day moving average is $38.80 and its 200-day moving average is $36.44. The stock has a market cap of $1.96 billion, a P/E ratio of 10.75 and a beta of 0.72.

Hedge Funds Weigh In On Dimensional Emerging Markets Value ETF

A number of institutional investors and hedge funds have recently bought and sold shares of DFEV. Comerica Bank grew its position in Dimensional Emerging Markets Value ETF by 170.0% in the 1st quarter. Comerica Bank now owns 3,713 shares of the company’s stock valued at $100,000 after buying an additional 2,338 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Dimensional Emerging Markets Value ETF by 21.6% during the 1st quarter. Royal Bank of Canada now owns 25,935 shares of the company’s stock valued at $702,000 after purchasing an additional 4,606 shares in the last quarter. Baird Financial Group Inc. boosted its position in shares of Dimensional Emerging Markets Value ETF by 26.9% during the 2nd quarter. Baird Financial Group Inc. now owns 28,680 shares of the company’s stock valued at $860,000 after purchasing an additional 6,072 shares in the last quarter. Main Street Financial Solutions LLC boosted its position in shares of Dimensional Emerging Markets Value ETF by 2.7% during the 2nd quarter. Main Street Financial Solutions LLC now owns 79,354 shares of the company’s stock valued at $2,380,000 after purchasing an additional 2,085 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of Dimensional Emerging Markets Value ETF by 5.1% during the 2nd quarter. Raymond James Financial Inc. now owns 877,088 shares of the company’s stock valued at $26,304,000 after purchasing an additional 42,913 shares in the last quarter.

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.