Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) Hits New 52-Week High – Should You Buy?

Shares of Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $42.10 and last traded at $42.04, with a volume of 83404 shares traded. The stock had previously closed at $40.96.

Dimensional Emerging Markets Core Equity 2 ETF Trading Up 2.9%

The firm has a market capitalization of $9.46 billion, a PE ratio of 14.02 and a beta of 0.78. The business has a 50 day moving average price of $39.38 and a 200-day moving average price of $36.37.

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

Hedge funds have recently bought and sold shares of the company. Larson Financial Group LLC purchased a new position in Dimensional Emerging Markets Core Equity 2 ETF in the 3rd quarter valued at approximately $27,000. Financial Connections Group Inc. purchased a new position in Dimensional Emerging Markets Core Equity 2 ETF in the 1st quarter valued at approximately $29,000. Comerica Bank increased its stake in Dimensional Emerging Markets Core Equity 2 ETF by 279.5% in the 1st quarter. Comerica Bank now owns 945 shares of the company’s stock valued at $25,000 after purchasing an additional 696 shares in the last quarter. Elevate Wealth Advisory Inc. increased its stake in Dimensional Emerging Markets Core Equity 2 ETF by 2,335.7% in the 4th quarter. Elevate Wealth Advisory Inc. now owns 1,023 shares of the company’s stock valued at $34,000 after purchasing an additional 981 shares in the last quarter. Finally, Topsail Wealth Management LLC increased its stake in Dimensional Emerging Markets Core Equity 2 ETF by 87.8% in the 4th quarter. Topsail Wealth Management LLC now owns 1,335 shares of the company’s stock valued at $44,000 after purchasing an additional 624 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.