Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Reaches New 52-Week High – Here’s Why

Dimensional US Marketwide Value ETF (NYSEARCA:DFUV)’s stock price hit a new 52-week high on Thursday . The company traded as high as $55.55 and last traded at $55.45, with a volume of 139395 shares traded. The stock had previously closed at $54.49.

Dimensional US Marketwide Value ETF Price Performance

The business’s 50 day simple moving average is $52.88 and its 200 day simple moving average is $50.09. The company has a market capitalization of $15.40 billion, a price-to-earnings ratio of 15.88 and a beta of 0.90.

Hedge Funds Weigh In On Dimensional US Marketwide Value ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Rothschild Investment LLC acquired a new stake in Dimensional US Marketwide Value ETF during the 4th quarter worth approximately $27,000. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Dimensional US Marketwide Value ETF during the first quarter worth approximately $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 acquired a new stake in shares of Dimensional US Marketwide Value ETF during the fourth quarter worth $53,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Dimensional US Marketwide Value ETF during the fourth quarter worth $64,000.

Dimensional US Marketwide Value ETF Company Profile

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.