Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Hits New 52-Week High – Time to Buy?

Shares of Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) hit a new 52-week high during trading on Friday . The company traded as high as $31.14 and last traded at $31.14, with a volume of 609 shares trading hands. The stock had previously closed at $30.89.

Dimensional US Large Cap Value ETF Stock Up 1.2 %

The stock has a 50 day simple moving average of $30.13 and a 200 day simple moving average of $29.54. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 13.15 and a beta of 0.78.

Hedge Funds Weigh In On Dimensional US Large Cap Value ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of DFLV. Emprise Bank acquired a new position in Dimensional US Large Cap Value ETF in the first quarter valued at approximately $1,322,000. Foster Group Inc. acquired a new position in shares of Dimensional US Large Cap Value ETF during the first quarter worth approximately $324,000. RFG Advisory LLC boosted its position in shares of Dimensional US Large Cap Value ETF by 1.3% during the first quarter. RFG Advisory LLC now owns 281,124 shares of the company’s stock worth $8,431,000 after buying an additional 3,655 shares during the period. Maryland Capital Advisors Inc. boosted its position in shares of Dimensional US Large Cap Value ETF by 11.0% during the first quarter. Maryland Capital Advisors Inc. now owns 64,189 shares of the company’s stock worth $1,925,000 after buying an additional 6,370 shares during the period. Finally, Evanson Asset Management LLC boosted its position in shares of Dimensional US Large Cap Value ETF by 63.4% during the first quarter. Evanson Asset Management LLC now owns 332,084 shares of the company’s stock worth $9,959,000 after buying an additional 128,811 shares during the period.

Dimensional US Large Cap Value ETF Company Profile

The Dimensional US Large Cap Value ETF (DFLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to hold a broad and diversified selection of US large-cap companies of any sector that exhibit value characteristics. Portfolio holdings are weighted by market capitalization DFLV was launched on Dec 6, 2022 and is managed by Dimensional.