JPMorgan Chase & Co. Lowers Holdings in Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV)

JPMorgan Chase & Co. trimmed its position in Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) by 2.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 53,552 shares of the company’s stock after selling 1,368 shares during the quarter. JPMorgan Chase & Co. owned 0.24% of Dimensional Emerging Markets Value ETF worth $1,524,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in DFEV. Phillips Financial Management LLC raised its stake in Dimensional Emerging Markets Value ETF by 17.9% in the third quarter. Phillips Financial Management LLC now owns 4,961 shares of the company’s stock valued at $141,000 after buying an additional 754 shares during the last quarter. TRU Independence Asset Management 2 LLC purchased a new stake in Dimensional Emerging Markets Value ETF in the third quarter valued at about $202,000. Nwam LLC purchased a new position in shares of Dimensional Emerging Markets Value ETF in the third quarter worth about $208,000. GEM Asset Management LLC purchased a new position in shares of Dimensional Emerging Markets Value ETF in the third quarter worth about $216,000. Finally, NCM Capital Management LLC purchased a new position in shares of Dimensional Emerging Markets Value ETF in the third quarter worth about $296,000.

Dimensional Emerging Markets Value ETF Trading Up 0.4 %

Shares of DFEV stock opened at $26.47 on Friday. The stock has a 50 day moving average of $26.60 and a 200 day moving average of $27.22. The stock has a market cap of $595.58 million, a P/E ratio of 8.08 and a beta of 0.78. Dimensional Emerging Markets Value ETF has a twelve month low of $24.34 and a twelve month high of $29.45.

About Dimensional Emerging Markets Value ETF

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.