Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) Shares Gap Up – Here’s Why

Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $26.27, but opened at $27.58. Dimensional Emerging Markets Core Equity 2 ETF shares last traded at $26.45, with a volume of 29,255 shares traded.

Dimensional Emerging Markets Core Equity 2 ETF Stock Performance

The company has a market capitalization of $3.65 billion, a P/E ratio of 10.39 and a beta of 0.83. The business has a fifty day moving average of $26.74 and a 200-day moving average of $26.97.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Wealthstream Advisors Inc. grew its holdings in Dimensional Emerging Markets Core Equity 2 ETF by 113.2% during the 3rd quarter. Wealthstream Advisors Inc. now owns 1,366,672 shares of the company’s stock valued at $38,472,000 after buying an additional 725,758 shares in the last quarter. Forum Financial Management LP boosted its position in Dimensional Emerging Markets Core Equity 2 ETF by 3.3% during the third quarter. Forum Financial Management LP now owns 15,566,049 shares of the company’s stock valued at $438,184,000 after buying an additional 493,339 shares during the period. OneDigital Investment Advisors LLC grew its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 74.8% during the third quarter. OneDigital Investment Advisors LLC now owns 939,770 shares of the company’s stock valued at $26,455,000 after buying an additional 402,055 shares during the last quarter. Rockbridge Investment Management LCC increased its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 133.1% in the third quarter. Rockbridge Investment Management LCC now owns 541,921 shares of the company’s stock worth $15,255,000 after buying an additional 309,437 shares during the period. Finally, LPL Financial LLC boosted its holdings in Dimensional Emerging Markets Core Equity 2 ETF by 30.9% during the 2nd quarter. LPL Financial LLC now owns 1,287,874 shares of the company’s stock valued at $34,425,000 after acquiring an additional 303,741 shares during the period.

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.