Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Hits New 1-Year High – Still a Buy?

Shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $43.42 and last traded at $43.31, with a volume of 9648 shares. The stock had previously closed at $41.86.

Dimensional US Marketwide Value ETF Stock Performance

The firm has a fifty day simple moving average of $41.55 and a 200-day simple moving average of $40.41. The company has a market capitalization of $11.38 billion, a PE ratio of 13.63 and a beta of 0.85.

Institutional Investors Weigh In On Dimensional US Marketwide Value ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. City State Bank bought a new stake in shares of Dimensional US Marketwide Value ETF in the 2nd quarter valued at approximately $29,000. Abich Financial Wealth Management LLC bought a new stake in shares of Dimensional US Marketwide Value ETF in the 2nd quarter valued at approximately $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Dimensional US Marketwide Value ETF in the 2nd quarter valued at approximately $37,000. Ridgewood Investments LLC bought a new stake in shares of Dimensional US Marketwide Value ETF in the 2nd quarter valued at approximately $42,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in shares of Dimensional US Marketwide Value ETF in the 2nd quarter valued at approximately $65,000.

About Dimensional US Marketwide Value ETF

The Dimensional US Marketwide Value ETF (DFUV) is an exchange-traded fund that is based on the Russell 3000 Value index. The fund is an actively managed portfolio of US stocks, selected for having value characteristics. The fund seeks to provide long-term capital appreciation. DFUV was launched on Dec 16, 1998 and is managed by Dimensional.