Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) Sees Strong Trading Volume – Still a Buy?

Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) saw unusually-high trading volume on Friday . Approximately 1,341,252 shares changed hands during mid-day trading, an increase of 88% from the previous session’s volume of 712,555 shares.The stock last traded at $33.8250 and had previously closed at $33.73.

Dimensional Emerging Core Equity Market ETF Price Performance

The stock has a market cap of $7.65 billion, a PE ratio of 14.98 and a beta of 0.62. The company’s fifty day moving average is $32.38 and its 200-day moving average is $31.14.

Institutional Trading of Dimensional Emerging Core Equity Market ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Financial Gravity Companies Inc. purchased a new position in shares of Dimensional Emerging Core Equity Market ETF during the 2nd quarter valued at approximately $25,000. Fifth Third Bancorp purchased a new position in Dimensional Emerging Core Equity Market ETF during the third quarter worth approximately $27,000. Assetmark Inc. grew its holdings in Dimensional Emerging Core Equity Market ETF by 151.2% in the second quarter. Assetmark Inc. now owns 962 shares of the company’s stock valued at $28,000 after purchasing an additional 579 shares during the period. Banco de Sabadell S.A purchased a new position in shares of Dimensional Emerging Core Equity Market ETF during the 2nd quarter valued at approximately $31,000. Finally, Signaturefd LLC grew its stake in Dimensional Emerging Core Equity Market ETF by 4,829.2% in the 2nd quarter. Signaturefd LLC now owns 1,183 shares of the company’s stock valued at $34,000 after acquiring an additional 1,159 shares during the period.

Dimensional Emerging Core Equity Market ETF Company Profile

The Dimensional Emerging Core Equity Market ETF (DFAE) 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. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.