Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) Hits New 52-Week High – Time to Buy?

Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) reached a new 52-week high during trading on Thursday . The company traded as high as $42.10 and last traded at $42.04, with a volume of 83404 shares traded. The stock had previously closed at $40.96.

Dimensional Emerging Markets Core Equity 2 ETF Stock Performance

The company has a fifty day moving average price of $39.63 and a two-hundred day moving average price of $36.47. The firm has a market cap of $9.45 billion, a P/E ratio of 14.02 and a beta of 0.78.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC increased its position in shares of Dimensional Emerging Markets Core Equity 2 ETF by 19.2% during the fourth quarter. Brighton Jones LLC now owns 843,054 shares of the company’s stock worth $22,080,000 after acquiring an additional 135,562 shares in the last quarter. Comerica Bank lifted 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 acquiring an additional 696 shares in the last quarter. Royal Bank of Canada lifted its position in Dimensional Emerging Markets Core Equity 2 ETF by 7.8% in the 1st quarter. Royal Bank of Canada now owns 28,538 shares of the company’s stock valued at $755,000 after acquiring an additional 2,064 shares in the last quarter. AQR Capital Management LLC boosted its stake in Dimensional Emerging Markets Core Equity 2 ETF by 6.6% in the 1st quarter. AQR Capital Management LLC now owns 34,737 shares of the company’s stock worth $919,000 after purchasing an additional 2,158 shares during the period. Finally, Cetera Investment Advisers acquired a new position in Dimensional Emerging Markets Core Equity 2 ETF in the 2nd quarter worth $441,000.

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.