Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) Hits New 52-Week Low – What’s Next?

Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $23.59 and last traded at $23.63, with a volume of 170884 shares. The stock had previously closed at $24.82.

Dimensional Emerging Markets Core Equity 2 ETF Stock Up 6.8 %

The company has a market cap of $4.52 billion, a price-to-earnings ratio of 13.54 and a beta of 0.70. The company’s 50-day moving average is $26.56 and its 200 day moving average is $26.82.

Dimensional Emerging Markets Core Equity 2 ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a dividend of $0.0608 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

Hedge Funds Weigh In On Dimensional Emerging Markets Core Equity 2 ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Merit Financial Group LLC purchased a new stake in shares of Dimensional Emerging Markets Core Equity 2 ETF in the first quarter valued at about $233,000. Parallel Advisors LLC grew its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 41.2% in the 1st quarter. Parallel Advisors LLC now owns 69,608 shares of the company’s stock valued at $1,842,000 after buying an additional 20,323 shares during the period. O Connor Financial Group LLC increased its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 2.0% during the 1st quarter. O Connor Financial Group LLC now owns 214,327 shares of the company’s stock worth $5,671,000 after buying an additional 4,226 shares during the last quarter. AdvisorNet Financial Inc raised its position in shares of Dimensional Emerging Markets Core Equity 2 ETF by 10.4% during the 1st quarter. AdvisorNet Financial Inc now owns 551,372 shares of the company’s stock valued at $14,589,000 after buying an additional 51,962 shares during the period. Finally, Versant Capital Management Inc lifted its holdings in Dimensional Emerging Markets Core Equity 2 ETF by 14.3% in the first quarter. Versant Capital Management Inc now owns 177,045 shares of the company’s stock valued at $4,685,000 after acquiring an additional 22,147 shares during 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.