Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) Sets New 52-Week High – Still a Buy?

Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $35.72 and last traded at $35.63, with a volume of 584329 shares traded. The stock had previously closed at $35.52.

Dimensional Emerging Markets Core Equity 2 ETF Price Performance

The company has a fifty day simple moving average of $33.47 and a two-hundred day simple moving average of $32.30. The company has a market capitalization of $7.87 billion, a P/E 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 and hedge funds have recently added to or reduced their stakes in DFEM. Brighton Jones LLC grew its holdings in 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 valued at $22,080,000 after purchasing an additional 135,562 shares during the last quarter. Comerica Bank boosted its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 279.5% during the 1st quarter. Comerica Bank now owns 945 shares of the company’s stock worth $25,000 after buying an additional 696 shares during the period. Royal Bank of Canada boosted its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 7.8% during the 1st quarter. Royal Bank of Canada now owns 28,538 shares of the company’s stock worth $755,000 after buying an additional 2,064 shares during the period. AQR Capital Management LLC grew 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 valued at $919,000 after buying an additional 2,158 shares during the last quarter. Finally, HB Wealth Management LLC raised its holdings in Dimensional Emerging Markets Core Equity 2 ETF by 114.5% in the 2nd quarter. HB Wealth Management LLC now owns 202,993 shares of the company’s stock worth $6,025,000 after acquiring an additional 108,337 shares during the period.

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.