Farther Finance Advisors LLC has significantly increased its investment in the Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA: DFEM) by acquiring an additional 18,134 shares, raising its total holdings to 58,888 shares. This strategic move, reported by Holdings Channel, marks a substantial 44.5% increase in their position during the third quarter of 2023. As of the most recent filing with the Securities and Exchange Commission (SEC), these holdings are valued at approximately $1.89 million.
The momentum for the Dimensional Emerging Markets Core Equity 2 ETF has attracted other notable investors as well. In the second quarter, Maseco LLP invested $55.62 million to acquire a new stake in the ETF. Similarly, Jane Street Group LLC made a first-quarter investment of around $37.58 million, while Elser Financial Planning Inc added a new stake valued at about $29.54 million during the same period.
Additionally, Focus Partners Advisor Solutions LLC increased its investment in the ETF by 18.8% during the first quarter, bringing its total holdings to 6,109,641 shares, worth an estimated $161.66 million. Focus Partners Wealth also expanded its stake by 11.7% in the first quarter, now owning 6,359,192 shares valued at $168.26 million.
Market Performance and Overview
Shares of the Dimensional Emerging Markets Core Equity 2 ETF opened at $33.20 on Friday. The ETF has shown steady performance, reflected in its moving averages, with a 50-day average price of $32.76 and a 200-day average price of $31.47. With a market capitalization of $6.66 billion and a price-to-earnings (P/E) ratio of 14.02, the ETF presents a balanced investment opportunity. It has a beta of 0.71, indicating lower volatility compared to the broader market.
The Dimensional Emerging Markets Core Equity 2 ETF, launched on April 27, 2022, primarily invests in a diverse range of equities across emerging markets, focusing on small-cap companies to enhance long-term capital appreciation. With a 52-week low of $23.08 and a high of $33.60, the ETF’s performance reflects investor confidence and market potential.
For those interested in tracking further developments in the ETF space, Holdings Channel provides insights into the latest 13F filings and insider trades related to the Dimensional Emerging Markets Core Equity 2 ETF. Additionally, MarketBeat offers a daily email newsletter summarizing news and analyst ratings for this ETF and related entities.
