Straight Path Wealth Management Purchases 24,194 Shares of Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM)

Straight Path Wealth Management boosted its position in shares of Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) by 8.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 302,966 shares of the company’s stock after buying an additional 24,194 shares during the period. Dimensional Emerging Markets Core Equity 2 ETF makes up approximately 3.7% of Straight Path Wealth Management’s investment portfolio, making the stock its 7th largest position. Straight Path Wealth Management owned about 0.22% of Dimensional Emerging Markets Core Equity 2 ETF worth $8,528,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. RF&L Wealth Management LLC increased its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 2.3% in the 2nd quarter. RF&L Wealth Management LLC now owns 17,660 shares of the company’s stock valued at $472,000 after acquiring an additional 400 shares in the last quarter. NorthCrest Asset Manangement LLC boosted its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 1.8% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 26,354 shares of the company’s stock worth $704,000 after buying an additional 475 shares during the last quarter. Grunden Financial Advisory Inc. boosted its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 2.7% in the 3rd quarter. Grunden Financial Advisory Inc. now owns 19,349 shares of the company’s stock worth $545,000 after buying an additional 504 shares during the last quarter. Liberty Capital Management Inc. boosted its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 2.3% in the 2nd quarter. Liberty Capital Management Inc. now owns 41,950 shares of the company’s stock worth $1,121,000 after buying an additional 925 shares during the last quarter. Finally, Meritas Wealth Management LLC raised its stake in Dimensional Emerging Markets Core Equity 2 ETF by 2.1% in the 2nd quarter. Meritas Wealth Management LLC now owns 44,800 shares of the company’s stock valued at $1,198,000 after acquiring an additional 939 shares during the period.

Dimensional Emerging Markets Core Equity 2 ETF Price Performance

Shares of DFEM traded up $0.02 during midday trading on Friday, hitting $26.32. 724,839 shares of the company traded hands, compared to its average volume of 639,928. The stock has a 50-day moving average of $27.45 and a 200-day moving average of $26.95. Dimensional Emerging Markets Core Equity 2 ETF has a one year low of $23.49 and a one year high of $28.86. The firm has a market cap of $3.68 billion, a P/E ratio of 10.39 and a beta of 0.83.

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.