HighTower Advisors LLC Has $24 Million Position in Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV)

HighTower Advisors LLC cut its stake in shares of Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) by 7.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 915,529 shares of the company’s stock after selling 72,615 shares during the period. HighTower Advisors LLC owned about 4.07% of Dimensional Emerging Markets Value ETF worth $23,996,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Pettinga Financial Advisors LLC increased its position in Dimensional Emerging Markets Value ETF by 55.2% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 16,537 shares of the company’s stock worth $471,000 after purchasing an additional 5,884 shares during the last quarter. Phillips Financial Management LLC grew its stake in shares of Dimensional Emerging Markets Value ETF by 17.9% in the 3rd quarter. Phillips Financial Management LLC now owns 4,961 shares of the company’s stock valued at $141,000 after buying an additional 754 shares in the last quarter. Pathstone Holdings LLC increased its holdings in Dimensional Emerging Markets Value ETF by 7.4% in the third quarter. Pathstone Holdings LLC now owns 134,925 shares of the company’s stock worth $3,840,000 after buying an additional 9,322 shares during the last quarter. Tranquility Partners LLC raised its position in Dimensional Emerging Markets Value ETF by 12.1% during the third quarter. Tranquility Partners LLC now owns 16,548 shares of the company’s stock valued at $471,000 after acquiring an additional 1,790 shares in the last quarter. Finally, Nwam LLC acquired a new stake in Dimensional Emerging Markets Value ETF in the third quarter valued at approximately $208,000.

Dimensional Emerging Markets Value ETF Stock Up 1.6 %

DFEV stock opened at $27.60 on Friday. The company has a market capitalization of $977.04 million, a price-to-earnings ratio of 10.13 and a beta of 0.71. The firm has a 50 day moving average of $26.71 and a two-hundred day moving average of $27.13. Dimensional Emerging Markets Value ETF has a 12 month low of $25.03 and a 12 month high of $29.45.

About Dimensional Emerging Markets Value ETF

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.