GEM Asset Management LLC Invests $216,000 in Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV)

GEM Asset Management LLC purchased a new stake in Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,414 shares of the company’s stock, valued at approximately $216,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Grunden Financial Advisory Inc. increased its stake in Dimensional Emerging Markets Value ETF by 2.3% in the third quarter. Grunden Financial Advisory Inc. now owns 16,234 shares of the company’s stock valued at $462,000 after purchasing an additional 365 shares during the last quarter. Marquette Asset Management LLC grew its position in shares of Dimensional Emerging Markets Value ETF by 0.9% during the third quarter. Marquette Asset Management LLC now owns 637,053 shares of the company’s stock worth $18,131,000 after acquiring an additional 5,936 shares during the last quarter. Boyce & Associates Wealth Consulting Inc. grew its position in shares of Dimensional Emerging Markets Value ETF by 4.4% during the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 71,114 shares of the company’s stock worth $2,024,000 after acquiring an additional 2,971 shares during the last quarter. Evanson Asset Management LLC grew its position in shares of Dimensional Emerging Markets Value ETF by 7.1% during the third quarter. Evanson Asset Management LLC now owns 436,902 shares of the company’s stock worth $12,434,000 after acquiring an additional 28,880 shares during the last quarter. Finally, Versant Capital Management Inc grew its position in shares of Dimensional Emerging Markets Value ETF by 2,626.0% during the third quarter. Versant Capital Management Inc now owns 24,343 shares of the company’s stock worth $693,000 after acquiring an additional 23,450 shares during the last quarter.

Dimensional Emerging Markets Value ETF Stock Up 0.4 %

Shares of NYSEARCA DFEV traded up $0.12 during mid-day trading on Thursday, hitting $28.24. 65,447 shares of the company were exchanged, compared to its average volume of 108,166. The stock has a 50 day simple moving average of $27.42 and a 200-day simple moving average of $27.18. Dimensional Emerging Markets Value ETF has a 1-year low of $22.55 and a 1-year high of $29.45. The firm has a market cap of $635.40 million, a price-to-earnings ratio of 8.08 and a beta of 0.78.

Dimensional Emerging Markets Value ETF Profile

The Dimensional Emerging Markets Value ETF (DFEV) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes exhibiting value characteristics, seeking to provide long-term capital appreciation. DFEV was launched on Apr 27, 2022 and is managed by Dimensional.