Morris Financial Concepts Inc. Boosts Position in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Morris Financial Concepts Inc. increased its position in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 17.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 5,774 shares of the company’s stock after purchasing an additional 847 shares during the quarter. Morris Financial Concepts Inc.’s holdings in Dimensional Emerging Core Equity Market ETF were worth $143,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of DFAE. PNC Financial Services Group Inc. purchased a new position in shares of Dimensional Emerging Core Equity Market ETF during the 3rd quarter worth approximately $64,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Dimensional Emerging Core Equity Market ETF in the third quarter valued at $235,000. LPL Financial LLC raised its holdings in shares of Dimensional Emerging Core Equity Market ETF by 8.2% in the 3rd quarter. LPL Financial LLC now owns 209,373 shares of the company’s stock valued at $4,726,000 after buying an additional 15,846 shares during the period. Stifel Financial Corp lifted its stake in Dimensional Emerging Core Equity Market ETF by 3.3% during the 3rd quarter. Stifel Financial Corp now owns 156,645 shares of the company’s stock worth $3,535,000 after acquiring an additional 4,996 shares in the last quarter. Finally, Perritt Capital Management Inc. boosted its holdings in Dimensional Emerging Core Equity Market ETF by 1.9% during the 3rd quarter. Perritt Capital Management Inc. now owns 270,239 shares of the company’s stock valued at $6,099,000 after acquiring an additional 5,085 shares during the period.

Dimensional Emerging Core Equity Market ETF Stock Up 0.2 %

NYSEARCA DFAE traded up $0.04 during trading on Monday, hitting $25.91. The stock had a trading volume of 1,310,414 shares, compared to its average volume of 779,000. The company has a market capitalization of $4.02 billion, a PE ratio of 11.33 and a beta of 0.85. Dimensional Emerging Core Equity Market ETF has a twelve month low of $21.54 and a twelve month high of $26.33. The firm has a 50 day moving average price of $25.58 and a 200 day moving average price of $24.59.

Dimensional Emerging Core Equity Market ETF Profile

The Dimensional Emerging Core Equity Market ETF (DFAE) 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. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.