Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) Hits New 12-Month High at $28.70

Shares of Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) hit a new 52-week high during trading on Wednesday . The company traded as high as $28.70 and last traded at $28.55, with a volume of 103088 shares traded. The stock had previously closed at $28.30.

Dimensional Emerging Markets Core Equity 2 ETF Trading Up 0.8 %

The company has a market cap of $3.99 billion, a price-to-earnings ratio of 10.39 and a beta of 0.83. The company has a fifty day moving average price of $26.78 and a two-hundred day moving average price of $26.48.

Hedge Funds Weigh In On Dimensional Emerging Markets Core Equity 2 ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in DFEM. Emprise Bank boosted its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 12.4% in the 3rd quarter. Emprise Bank now owns 329,517 shares of the company’s stock valued at $9,276,000 after purchasing an additional 36,343 shares in the last quarter. Passive Capital Management LLC. grew its stake in Dimensional Emerging Markets Core Equity 2 ETF by 21.7% during the second quarter. Passive Capital Management LLC. now owns 139,584 shares of the company’s stock worth $3,731,000 after buying an additional 24,935 shares during the last quarter. Sensible Money LLC increased its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 20.9% during the second quarter. Sensible Money LLC now owns 498,922 shares of the company’s stock worth $13,336,000 after buying an additional 86,262 shares in the last quarter. Truist Financial Corp raised its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 5.3% in the second quarter. Truist Financial Corp now owns 157,939 shares of the company’s stock valued at $4,222,000 after acquiring an additional 7,972 shares during the last quarter. Finally, Creative Planning boosted its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 4.9% in the 2nd quarter. Creative Planning now owns 140,825 shares of the company’s stock worth $3,764,000 after acquiring an additional 6,582 shares in 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.