Lam Group Inc. Acquires New Stake in Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM)

Lam Group Inc. bought a new stake in Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,000 shares of the company’s stock, valued at approximately $393,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 13.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 605,833 shares of the company’s stock valued at $16,194,000 after acquiring an additional 70,147 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Dimensional Emerging Markets Core Equity 2 ETF by 5.7% during the second quarter. EverSource Wealth Advisors LLC now owns 60,023 shares of the company’s stock valued at $1,613,000 after purchasing an additional 3,259 shares in the last quarter. Bank of Montreal Can boosted its position in shares of Dimensional Emerging Markets Core Equity 2 ETF by 19.1% in the second quarter. Bank of Montreal Can now owns 969,383 shares of the company’s stock worth $25,921,000 after purchasing an additional 155,788 shares during the period. AQR Capital Management LLC increased its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 103.6% in the second quarter. AQR Capital Management LLC now owns 18,529 shares of the company’s stock worth $495,000 after purchasing an additional 9,427 shares in the last quarter. Finally, Straight Path Wealth Management raised its position in shares of Dimensional Emerging Markets Core Equity 2 ETF by 12.7% during the 2nd quarter. Straight Path Wealth Management now owns 278,772 shares of the company’s stock valued at $7,452,000 after purchasing an additional 31,394 shares during the period.

Dimensional Emerging Markets Core Equity 2 ETF Stock Up 0.7 %

Shares of Dimensional Emerging Markets Core Equity 2 ETF stock opened at $26.06 on Tuesday. Dimensional Emerging Markets Core Equity 2 ETF has a 52 week low of $23.68 and a 52 week high of $28.86. The stock’s 50-day simple moving average is $26.47 and its 200-day simple moving average is $26.91. The company has a market capitalization of $3.65 billion, a price-to-earnings ratio of 10.39 and a beta of 0.83.

Dimensional Emerging Markets Core Equity 2 ETF Company Profile

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.