Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) Hits New 1-Year High – Still a Buy?

Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV)’s share price hit a new 52-week high on Thursday . The company traded as high as $44.49 and last traded at $44.49, with a volume of 55360 shares changing hands. The stock had previously closed at $43.27.

Dimensional Emerging Markets Value ETF Stock Up 2.9%

The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 10.75 and a beta of 0.73. The stock has a fifty day moving average of $40.92 and a two-hundred day moving average of $37.46.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Corus Family Wealth Advisors raised its position in Dimensional Emerging Markets Value ETF by 93.9% in the third quarter. Corus Family Wealth Advisors now owns 37,055 shares of the company’s stock valued at $1,182,000 after purchasing an additional 17,940 shares during the period. Index Fund Advisors Inc. raised its position in Dimensional Emerging Markets Value ETF by 7.6% in the fourth quarter. Index Fund Advisors Inc. now owns 439,842 shares of the company’s stock valued at $14,840,000 after purchasing an additional 31,045 shares during the period. Ritholtz Wealth Management raised its position in Dimensional Emerging Markets Value ETF by 2.9% in the fourth quarter. Ritholtz Wealth Management now owns 1,341,125 shares of the company’s stock valued at $45,250,000 after purchasing an additional 37,316 shares during the period. Cordant Inc. raised its position in Dimensional Emerging Markets Value ETF by 18.5% in the fourth quarter. Cordant Inc. now owns 197,751 shares of the company’s stock valued at $6,672,000 after purchasing an additional 30,809 shares during the period. Finally, Asset Dedication LLC raised its position in Dimensional Emerging Markets Value ETF by 2.1% in the fourth quarter. Asset Dedication LLC now owns 2,652,610 shares of the company’s stock valued at $89,499,000 after purchasing an additional 54,595 shares during the period.

Dimensional Emerging Markets Value ETF Company Profile

The Dimensional Emerging Markets Value ETF (DFEV) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes exhibiting value characteristics, seeking to provide long-term capital appreciation. DFEV was launched on Apr 27, 2022 and is managed by Dimensional.