Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Hits New 1-Year High – Should You Buy?

Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) reached a new 52-week high on Monday . The company traded as high as $47.61 and last traded at $47.6930, with a volume of 25507 shares traded. The stock had previously closed at $47.12.

Dimensional US Marketwide Value ETF Trading Up 1.6%

The firm has a 50 day moving average of $45.72 and a 200-day moving average of $44.36. The company has a market cap of $13.17 billion, a P/E ratio of 15.88 and a beta of 0.96.

Hedge Funds Weigh In On Dimensional US Marketwide Value ETF

Several hedge funds have recently modified their holdings of the stock. HHM Wealth Advisors LLC purchased a new position in Dimensional US Marketwide Value ETF during the third quarter valued at $46,000. Fortitude Family Office LLC boosted its holdings in shares of Dimensional US Marketwide Value ETF by 31.6% during the 2nd quarter. Fortitude Family Office LLC now owns 1,040 shares of the company’s stock valued at $44,000 after purchasing an additional 250 shares during the last quarter. ST Germain D J Co. Inc. bought a new position in shares of Dimensional US Marketwide Value ETF during the 3rd quarter valued at about $54,000. Retirement Wealth Solutions LLC purchased a new position in shares of Dimensional US Marketwide Value ETF during the third quarter valued at about $60,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of Dimensional US Marketwide Value ETF in the second quarter worth about $85,000.

Dimensional US Marketwide Value ETF Company Profile

The Dimensional US Marketwide Value ETF (DFUV) is an exchange-traded fund that is based on the Russell 3000 Value index. The fund is an actively managed portfolio of US stocks, selected for having value characteristics. The fund seeks to provide long-term capital appreciation. DFUV was launched on Dec 16, 1998 and is managed by Dimensional.