Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Hits New 52-Week High – Should You Buy?

Dimensional US Marketwide Value ETF (NYSEARCA:DFUV)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $57.84 and last traded at $57.76, with a volume of 50126 shares traded. The stock had previously closed at $57.68.

Dimensional US Marketwide Value ETF Trading Up 0.1%

The stock has a market cap of $16.03 billion, a price-to-earnings ratio of 15.88 and a beta of 0.89. The firm’s 50 day moving average is $55.31 and its two-hundred day moving average is $52.22.

Hedge Funds Weigh In On Dimensional US Marketwide Value ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. Rothschild Investment LLC purchased a new stake in Dimensional US Marketwide Value ETF in the 4th quarter worth approximately $27,000. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Dimensional US Marketwide Value ETF during the 1st quarter worth $33,000. VSM Wealth Advisory LLC acquired a new stake in shares of Dimensional US Marketwide Value ETF during the fourth quarter worth $47,000. Arax Advisory Partners purchased a new stake in shares of Dimensional US Marketwide Value ETF in the fourth quarter valued at $53,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Dimensional US Marketwide Value ETF in the fourth quarter valued at $64,000.

About Dimensional US Marketwide Value ETF

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.