AQR Capital Management Increases Investment in Dimensional Emerging Core Equity Market ETF

AQR Capital Management LLC has expanded its investment in the Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE – Free Report) by 14.5% during the second quarter of 2024, as reported in their latest filing with the SEC. After acquiring an additional 4,704 shares during this period, AQR now holds a total of 37,249 shares in the ETF. This investment is valued at approximately $964,000 according to their most recent disclosures.

Several other institutional investors have also made changes to their stakes in the Dimensional Emerging Core Equity Market ETF recently. For instance, Innealta Capital LLC initiated a new position in the ETF during the second quarter, with an investment estimated at around $29,000. Similarly, Able Wealth Management LLC entered a new stake in the ETF during the fourth quarter worth about $54,000, while Cullen Frost Bankers Inc. also acquired a new position in the second quarter valued at around $64,000. Denver PWM LLC’s new position in the ETF, also established in the second quarter, was valued at $82,000. Furthermore, North Star Investment Management Corp. purchased a new stake in the ETF during the first quarter, estimated to be worth approximately $87,000.

Market Performance of DFAE ETF

As of Friday, the Dimensional Emerging Core Equity Market ETF opened at a price of $27.53. The ETF boasts a market capitalization of $4.28 billion, along with a price-to-earnings (P/E) ratio of 11.33 and a beta of 0.85. The stock has demonstrated a 50-day moving average price of $26.34 and a 200-day moving average price of $25.83. Over the past year, the ETF has ranged from a low of $21.54 to a high of $28.19.

Understanding Dimensional Emerging Core Equity Market ETF

The Dimensional Emerging Core Equity Market ETF (DFAE) is designed as an exchange-traded fund that primarily invests in a broad range of equity within emerging markets. The fund actively selects securities across various sizes, focusing on smaller-cap companies, with the aim of achieving long-term capital appreciation. This ETF was launched on December 2, 2020, and is managed by Dimensional.

Additional Insights

For those interested in tracking hedge fund activities with respect to the Dimensional Emerging Core Equity Market ETF, they can access up-to-date 13F filings and insider transactions. Investors can also subscribe to receive daily summaries of the latest news and analyst ratings related to this ETF and similar investment vehicles, ensuring they stay informed about market developments.

Investment, ETF, AQR