Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) Reaches New 52-Week High – Here’s What Happened

Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $35.72 and last traded at $35.63, with a volume of 584329 shares traded. The stock had previously closed at $35.52.

Dimensional Emerging Markets Core Equity 2 ETF Stock Up 0.3%

The firm has a 50 day moving average of $33.31 and a two-hundred day moving average of $32.23. The firm has a market capitalization of $7.70 billion, a price-to-earnings ratio of 14.02 and a beta of 0.71.

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

A number of institutional investors have recently added to or reduced their stakes in DFEM. Comerica Bank boosted its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 279.5% during 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. Larson Financial Group LLC bought a new position in Dimensional Emerging Markets Core Equity 2 ETF in the third quarter valued at about $27,000. First United Bank & Trust acquired a new stake in shares of Dimensional Emerging Markets Core Equity 2 ETF during the third quarter valued at about $51,000. MTM Investment Management LLC bought a new stake in shares of Dimensional Emerging Markets Core Equity 2 ETF during the second quarter worth about $76,000. Finally, WealthCollab LLC acquired a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF in the second quarter valued at approximately $77,000.

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.