Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) shares crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $41.31 and traded as high as $41.99. Dimensional US Large Cap Value ETF shares last traded at $41.84, with a volume of 521,379 shares trading hands.

Dimensional US Large Cap Value ETF Stock Up 2.0%

The stock has a market capitalization of $7.40 billion, a P/E ratio of 15.63 and a beta of 0.77. The firm has a 50 day simple moving average of $41.31 and a two-hundred day simple moving average of $39.11.

Hedge Funds Weigh In On Dimensional US Large Cap Value ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC increased its holdings in Dimensional US Large Cap Value ETF by 10.8% in the 3rd quarter. Root Financial Partners LLC now owns 5,223,140 shares of the company’s stock worth $209,814,000 after purchasing an additional 509,190 shares in the last quarter. Vise Technologies Inc. grew its holdings in Dimensional US Large Cap Value ETF by 12.4% during the 3rd quarter. Vise Technologies Inc. now owns 5,162,450 shares of the company’s stock worth $207,376,000 after acquiring an additional 568,622 shares during the last quarter. Cetera Investment Advisers grew its holdings in Dimensional US Large Cap Value ETF by 58.0% during the 1st quarter. Cetera Investment Advisers now owns 3,667,210 shares of the company’s stock worth $130,956,000 after acquiring an additional 1,345,977 shares during the last quarter. Summit Financial Strategies Inc. increased its position in Dimensional US Large Cap Value ETF by 8.8% in the 3rd quarter. Summit Financial Strategies Inc. now owns 2,699,514 shares of the company’s stock valued at $108,439,000 after acquiring an additional 218,184 shares during the period. Finally, Apella Capital LLC increased its position in Dimensional US Large Cap Value ETF by 28.6% in the 3rd quarter. Apella Capital LLC now owns 1,975,047 shares of the company’s stock valued at $80,049,000 after acquiring an additional 438,936 shares during the period.

About Dimensional US Large Cap Value ETF

The Dimensional US Large Cap Value ETF (DFLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to hold a broad and diversified selection of US large-cap companies of any sector that exhibit value characteristics. Portfolio holdings are weighted by market capitalization DFLV was launched on Dec 6, 2022 and is managed by Dimensional.