Gunpowder Capital Management LLC dba Oliver Wealth Management Invests $2.41 Million in Dimensional Emerging Markets Core Equity 2 ETF $DFEM

Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 72,852 shares of the company’s stock, valued at approximately $2,410,000. Dimensional Emerging Markets Core Equity 2 ETF makes up about 1.9% of Gunpowder Capital Management LLC dba Oliver Wealth Management’s investment portfolio, making the stock its 14th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC purchased a new position in Dimensional Emerging Markets Core Equity 2 ETF in the 3rd quarter worth approximately $27,000. Comerica Bank lifted its position 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 acquiring an additional 696 shares in the last quarter. Elevate Wealth Advisory Inc. lifted its position 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 acquiring an additional 981 shares in the last quarter. Topsail Wealth Management LLC boosted its stake in Dimensional Emerging Markets Core Equity 2 ETF by 87.8% during 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 during the last quarter. Finally, Fifth Third Bancorp purchased a new stake in Dimensional Emerging Markets Core Equity 2 ETF during the 4th quarter valued at $69,000.

Dimensional Emerging Markets Core Equity 2 ETF Stock Performance

Dimensional Emerging Markets Core Equity 2 ETF stock opened at $42.11 on Friday. The firm has a market cap of $9.45 billion, a price-to-earnings ratio of 14.02 and a beta of 0.78. The stock has a fifty day simple moving average of $39.63 and a two-hundred day simple moving average of $36.47. Dimensional Emerging Markets Core Equity 2 ETF has a 12 month low of $28.60 and a 12 month high of $42.19.

Dimensional Emerging Markets Core Equity 2 ETF Company Profile

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.