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

Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) hit a new 52-week high on Friday . The stock 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 Stock Performance

The stock has a fifty day moving average of $34.69 and a 200-day moving average of $32.97. The company has a market cap of $8.11 billion, a PE ratio of 14.02 and a beta of 0.71.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Comerica Bank boosted its position in Dimensional Emerging Markets Core Equity 2 ETF by 279.5% in the 1st quarter. Comerica Bank now owns 945 shares of the company’s stock valued at $25,000 after buying an additional 696 shares during the period. Larson Financial Group LLC purchased a new stake in shares of Dimensional Emerging Markets Core Equity 2 ETF in the third quarter valued at approximately $27,000. Elevate Wealth Advisory Inc. grew its stake in Dimensional Emerging Markets Core Equity 2 ETF by 2,335.7% in the fourth quarter. Elevate Wealth Advisory Inc. now owns 1,023 shares of the company’s stock worth $34,000 after purchasing an additional 981 shares in the last quarter. Topsail Wealth Management LLC increased its holdings in 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 purchasing an additional 624 shares during the period. Finally, First United Bank & Trust purchased a new position in Dimensional Emerging Markets Core Equity 2 ETF during the 3rd quarter worth $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.