Envestnet Asset Management Inc. Lowers Position in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Envestnet Asset Management Inc. lessened its stake in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 14.3% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,706,335 shares of the company’s stock after selling 619,678 shares during the quarter. Envestnet Asset Management Inc. owned approximately 2.39% of Dimensional Emerging Core Equity Market ETF worth $95,883,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of DFAE. Foster Group Inc. increased its stake in Dimensional Emerging Core Equity Market ETF by 24,946.2% in the 2nd quarter. Foster Group Inc. now owns 3,475,413 shares of the company’s stock valued at $89,909,000 after buying an additional 3,461,537 shares during the last quarter. Jane Street Group LLC lifted its holdings in Dimensional Emerging Core Equity Market ETF by 174.7% during the first quarter. Jane Street Group LLC now owns 1,538,886 shares of the company’s stock worth $38,041,000 after acquiring an additional 978,593 shares during the period. Freedom Investment Management Inc. bought a new stake in Dimensional Emerging Core Equity Market ETF during the fourth quarter worth $16,090,000. UBS Group AG boosted its position in Dimensional Emerging Core Equity Market ETF by 12.2% in the fourth quarter. UBS Group AG now owns 4,966,645 shares of the company’s stock worth $119,746,000 after purchasing an additional 541,148 shares during the last quarter. Finally, Fiduciary Financial Group LLC bought a new position in Dimensional Emerging Core Equity Market ETF in the 2nd quarter valued at $14,059,000.

Dimensional Emerging Core Equity Market ETF Price Performance

NYSEARCA DFAE opened at $25.84 on Wednesday. The business’s fifty day moving average is $25.92 and its 200-day moving average is $25.50. The stock has a market capitalization of $4.01 billion, a price-to-earnings ratio of 11.33 and a beta of 0.85. Dimensional Emerging Core Equity Market ETF has a one year low of $21.54 and a one year high of $26.99.

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.