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

Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM)’s share price reached a new 52-week high on Friday . The company traded as high as $33.66 and last traded at $33.7020, with a volume of 55116 shares trading hands. The stock had previously closed at $33.08.

Dimensional Emerging Markets Core Equity 2 ETF Stock Performance

The stock’s fifty day simple moving average is $32.79 and its 200-day simple moving average is $31.58. The stock has a market cap of $7.19 billion, a P/E ratio of 14.02 and a beta of 0.71.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DFEM. JPMorgan Chase & Co. raised its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 15.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 99,493 shares of the company’s stock worth $3,191,000 after purchasing an additional 13,076 shares during the period. Financial Symmetry Inc lifted its holdings in Dimensional Emerging Markets Core Equity 2 ETF by 1.8% in the third quarter. Financial Symmetry Inc now owns 370,267 shares of the company’s stock worth $11,874,000 after buying an additional 6,574 shares during the period. Allworth Financial LP boosted its stake in Dimensional Emerging Markets Core Equity 2 ETF by 24.7% in the 3rd quarter. Allworth Financial LP now owns 299,488 shares of the company’s stock worth $9,605,000 after purchasing an additional 59,378 shares in the last quarter. Ariadne Wealth Management LP boosted its position in shares of Dimensional Emerging Markets Core Equity 2 ETF by 42.4% during the third quarter. Ariadne Wealth Management LP now owns 41,589 shares of the company’s stock valued at $1,374,000 after buying an additional 12,389 shares during the last quarter. Finally, Asset Dedication LLC increased its position in Dimensional Emerging Markets Core Equity 2 ETF by 3.3% during the third quarter. Asset Dedication LLC now owns 2,576,147 shares of the company’s stock valued at $82,617,000 after acquiring an additional 83,483 shares during the last quarter.

About Dimensional Emerging Markets Core Equity 2 ETF

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.