Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Sees Strong Trading Volume – What’s Next?

Shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) saw strong trading volume on Friday . 731,691 shares traded hands during trading, an increase of 104% from the previous session’s volume of 359,489 shares.The stock last traded at $48.5950 and had previously closed at $48.63.

Dimensional US Marketwide Value ETF Stock Performance

The company has a 50-day simple moving average of $46.33 and a two-hundred day simple moving average of $44.72. The firm has a market capitalization of $13.34 billion, a P/E ratio of 15.88 and a beta of 0.96.

Hedge Funds Weigh In On Dimensional US Marketwide Value ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Maseco LLP bought a new stake in shares of Dimensional US Marketwide Value ETF during the 2nd quarter valued at $87,852,000. Mercer Global Advisors Inc. ADV lifted its position in Dimensional US Marketwide Value ETF by 5.6% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 38,135,706 shares of the company’s stock valued at $1,704,285,000 after acquiring an additional 2,035,838 shares during the period. Focus Partners Wealth boosted its stake in Dimensional US Marketwide Value ETF by 9.8% during the third quarter. Focus Partners Wealth now owns 14,681,894 shares of the company’s stock worth $656,329,000 after acquiring an additional 1,316,062 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Dimensional US Marketwide Value ETF by 4.2% during the second quarter. Envestnet Asset Management Inc. now owns 31,752,400 shares of the company’s stock worth $1,342,491,000 after acquiring an additional 1,277,162 shares in the last quarter. Finally, Elser Financial Planning Inc grew its holdings in Dimensional US Marketwide Value ETF by 12,942.2% in the second quarter. Elser Financial Planning Inc now owns 955,604 shares of the company’s stock worth $40,422,000 after purchasing an additional 948,277 shares during the period.

About Dimensional US Marketwide Value ETF

The Dimensional US Marketwide Value ETF (DFUV) is an exchange-traded fund that is based on the Russell 3000 Value index. The fund is an actively managed portfolio of US stocks, selected for having value characteristics. The fund seeks to provide long-term capital appreciation. DFUV was launched on Dec 16, 1998 and is managed by Dimensional.