Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) Sets New 12-Month High – Still a Buy?

Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV)’s share price reached a new 52-week high on Wednesday . The company traded as high as $41.10 and last traded at $41.00, with a volume of 288388 shares trading hands. The stock had previously closed at $40.00.

Dimensional Emerging Markets Value ETF Stock Performance

The firm’s 50-day simple moving average is $37.40 and its 200 day simple moving average is $35.48. The stock has a market capitalization of $1.87 billion, a P/E ratio of 10.75 and a beta of 0.72.

Hedge Funds Weigh In On Dimensional Emerging Markets Value ETF

A number of institutional investors have recently added to or reduced their stakes in DFEV. Steigerwald Gordon & Koch Inc. bought a new stake in Dimensional Emerging Markets Value ETF during the third quarter worth $27,000. RHL Group LLC acquired a new position in shares of Dimensional Emerging Markets Value ETF during the 4th quarter worth about $38,000. Signaturefd LLC raised its holdings in shares of Dimensional Emerging Markets Value ETF by 114,400.0% in the 4th quarter. Signaturefd LLC now owns 1,145 shares of the company’s stock valued at $39,000 after purchasing an additional 1,144 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Dimensional Emerging Markets Value ETF by 388.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,401 shares of the company’s stock valued at $47,000 after purchasing an additional 1,114 shares during the last quarter. Finally, Fifth Third Bancorp bought a new position in Dimensional Emerging Markets Value ETF during the first quarter worth about $52,000.

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.