Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) Sets New 12-Month High – Here’s Why

Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $34.05 and last traded at $34.0650, with a volume of 73601 shares trading hands. The stock had previously closed at $33.88.

Dimensional Emerging Core Equity Market ETF Price Performance

The stock has a market capitalization of $7.77 billion, a PE ratio of 14.98 and a beta of 0.62. The firm has a fifty day moving average price of $32.40 and a two-hundred day moving average price of $31.22.

Institutional Investors Weigh In On Dimensional Emerging Core Equity Market ETF

Several large investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp bought a new stake in shares of Dimensional Emerging Core Equity Market ETF during the third quarter valued at approximately $27,000. Financial Gravity Companies Inc. bought a new position in Dimensional Emerging Core Equity Market ETF in the second quarter worth approximately $25,000. Assetmark Inc. increased its holdings in Dimensional Emerging Core Equity Market ETF by 151.2% during the 2nd quarter. Assetmark Inc. now owns 962 shares of the company’s stock worth $28,000 after purchasing an additional 579 shares during the period. Banco de Sabadell S.A bought a new stake in Dimensional Emerging Core Equity Market ETF during the 2nd quarter valued at $31,000. Finally, Signaturefd LLC raised its position in Dimensional Emerging Core Equity Market ETF by 4,829.2% during the 2nd quarter. Signaturefd LLC now owns 1,183 shares of the company’s stock valued at $34,000 after purchasing an additional 1,159 shares in the last quarter.

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.