Elevate Wealth Advisory Inc. Purchases 2,293 Shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Elevate Wealth Advisory Inc. boosted its position in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 23.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 12,259 shares of the company’s stock after acquiring an additional 2,293 shares during the quarter. Elevate Wealth Advisory Inc.’s holdings in Dimensional Emerging Core Equity Market ETF were worth $311,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Assetmark Inc. raised its stake in shares of Dimensional Emerging Core Equity Market ETF by 550.5% during the fourth quarter. Assetmark Inc. now owns 1,945 shares of the company’s stock valued at $49,000 after acquiring an additional 1,646 shares during the last quarter. Parkworth Wealth Management Inc. purchased a new position in Dimensional Emerging Core Equity Market ETF during the 4th quarter valued at about $138,000. PNC Financial Services Group Inc. bought a new position in Dimensional Emerging Core Equity Market ETF during the 4th quarter valued at approximately $150,000. Rialto Wealth Management LLC bought a new position in Dimensional Emerging Core Equity Market ETF during the 4th quarter valued at approximately $155,000. Finally, HM Payson & Co. lifted its holdings in Dimensional Emerging Core Equity Market ETF by 21.5% in the 4th quarter. HM Payson & Co. now owns 7,571 shares of the company’s stock worth $192,000 after buying an additional 1,342 shares during the period.

Dimensional Emerging Core Equity Market ETF Stock Performance

DFAE opened at $26.80 on Thursday. The stock has a market capitalization of $5.34 billion, a PE ratio of 13.69 and a beta of 0.64. The stock’s 50 day moving average price is $25.93 and its 200-day moving average price is $26.19. Dimensional Emerging Core Equity Market ETF has a 52-week low of $23.71 and a 52-week high of $28.20.

About Dimensional Emerging Core Equity Market ETF

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.