Level Financial Advisors Trims Stake in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Level Financial Advisors reduced its position in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 3.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 108,876 shares of the company’s stock after selling 3,621 shares during the quarter. Dimensional Emerging Core Equity Market ETF accounts for approximately 1.0% of Level Financial Advisors’ holdings, making the stock its 26th biggest holding. Level Financial Advisors owned approximately 0.05% of Dimensional Emerging Core Equity Market ETF worth $2,819,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Redwood Park Advisors LLC purchased a new stake in Dimensional Emerging Core Equity Market ETF in the 4th quarter worth about $30,000. 10Elms LLP purchased a new stake in Dimensional Emerging Core Equity Market ETF in the 4th quarter worth about $38,000. Assetmark Inc. grew its stake in Dimensional Emerging Core Equity Market ETF by 550.5% in the 4th quarter. Assetmark Inc. now owns 1,945 shares of the company’s stock worth $49,000 after acquiring an additional 1,646 shares in the last quarter. Hurley Capital LLC bought a new position in Dimensional Emerging Core Equity Market ETF in the 4th quarter worth about $73,000. Finally, Pinney & Scofield Inc. bought a new position in Dimensional Emerging Core Equity Market ETF in the 4th quarter worth about $136,000.

Dimensional Emerging Core Equity Market ETF Price Performance

Shares of DFAE stock opened at $27.48 on Tuesday. The company has a market capitalization of $5.64 billion, a P/E ratio of 13.24 and a beta of 0.61. The company’s 50-day simple moving average is $26.06 and its two-hundred day simple moving average is $25.97. Dimensional Emerging Core Equity Market ETF has a one year low of $22.68 and a one year high of $28.20.

Dimensional Emerging Core Equity Market ETF Company Profile

The Dimensional Emerging Core Equity Market ETF (DFAE) 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. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.