Summit Portfolio Management LTD. Purchases New Holdings in Dimensional Emerging Markets Value ETF $DFEV

Summit Portfolio Management LTD. acquired a new position in shares of Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) in the 1st quarter, Holdings Channel.com reports. The firm acquired 96,986 shares of the company’s stock, valued at approximately $3,470,000. Dimensional Emerging Markets Value ETF accounts for about 2.2% of Summit Portfolio Management LTD.’s holdings, making the stock its 13th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. RHL Group LLC bought a new stake in Dimensional Emerging Markets Value ETF in the fourth quarter valued at about $38,000. Signaturefd LLC lifted its holdings in Dimensional Emerging Markets Value ETF by 114,400.0% during the fourth quarter. Signaturefd LLC now owns 1,145 shares of the company’s stock worth $39,000 after acquiring an additional 1,144 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Dimensional Emerging Markets Value ETF by 388.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,401 shares of the company’s stock valued at $47,000 after acquiring an additional 1,114 shares during the period. Parallel Advisors LLC acquired a new position in Dimensional Emerging Markets Value ETF in the third quarter valued at about $74,000. Finally, Comerica Bank increased its holdings in shares of Dimensional Emerging Markets Value ETF by 170.0% in the first quarter. Comerica Bank now owns 3,713 shares of the company’s stock worth $100,000 after acquiring an additional 2,338 shares in the last quarter.

Dimensional Emerging Markets Value ETF Price Performance

Shares of Dimensional Emerging Markets Value ETF stock opened at $41.42 on Thursday. The company has a market capitalization of $1.96 billion, a P/E ratio of 10.75 and a beta of 0.73. The business has a 50-day moving average of $42.08 and a two-hundred day moving average of $38.44. Dimensional Emerging Markets Value ETF has a 1 year low of $29.87 and a 1 year high of $44.94.

Dimensional Emerging Markets Value ETF 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.