Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) Reaches New 12-Month High – Time to Buy?

Shares of Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) hit a new 52-week high on Tuesday . The company traded as high as $41.05 and last traded at $41.05, with a volume of 19309 shares changing hands. The stock had previously closed at $39.74.

Dimensional Emerging Markets Core Equity 2 ETF Price Performance

The stock has a market capitalization of $9.22 billion, a price-to-earnings ratio of 14.02 and a beta of 0.77. The business’s 50-day simple moving average is $37.54 and its two-hundred day simple moving average is $35.52.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Comerica Bank lifted its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 279.5% during the first quarter. Comerica Bank now owns 945 shares of the company’s stock worth $25,000 after purchasing an additional 696 shares in the last quarter. Larson Financial Group LLC acquired a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF during the third quarter worth about $27,000. Financial Connections Group Inc. acquired a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF during the first quarter worth about $29,000. Elevate Wealth Advisory Inc. lifted its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 2,335.7% during the fourth quarter. Elevate Wealth Advisory Inc. now owns 1,023 shares of the company’s stock worth $34,000 after purchasing an additional 981 shares in the last quarter. Finally, Topsail Wealth Management LLC lifted its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 87.8% during the fourth quarter. Topsail Wealth Management LLC now owns 1,335 shares of the company’s stock worth $44,000 after purchasing an additional 624 shares in the last quarter.

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.