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

AQR Capital Management LLC has raised its investment in the Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE – Free Report) by 14.5% during the second quarter of the year. This information comes from the firm’s latest filing with the U.S. Securities and Exchange Commission (SEC). Following this increase, AQR now owns a total of 37,249 shares in the ETF after acquiring an additional 4,704 shares in the recent period. As stated in the SEC filing, AQR Capital Management's stake in the Dimensional Emerging Core Equity Market ETF is valued at approximately $964,000.

In addition to AQR Capital, several other institutional investors have also adjusted their positions in the Dimensional Emerging Core Equity Market ETF. For instance, Innealta Capital LLC initiated a new stake in the ETF during the second quarter, valued at around $29,000. Likewise, Able Wealth Management LLC established a new position in the ETF worth $54,000 in the fourth quarter. Other investors include Cullen Frost Bankers Inc., which acquired shares valued at $64,000, and Denver PWM LLC, which made a new investment worth $82,000 in the second quarter. Finally, North Star Investment Management Corp. also purchased shares valued at approximately $87,000 in the first quarter.

Performance of Dimensional Emerging Core Equity Market ETF

As of the latest trading session, the Dimensional Emerging Core Equity Market ETF experienced a slight increase of 0.6%, opening at $27.53. The ETF has a total market capitalization of $4.28 billion, features a price-to-earnings (P/E) ratio of 11.33, and has a beta of 0.85. Its 50-day and 200-day moving averages are $26.34 and $25.83, respectively. Over the past year, the ETF has recorded a low of $21.54 and a high of $28.19, reflecting some fluctuations in its performance.

About Dimensional Emerging Core Equity Market ETF

The Dimensional Emerging Core Equity Market ETF (DFAE) is an exchange-traded fund that primarily focuses on investing in a wide range of equities in emerging markets. The fund takes an active approach to select securities, particularly favoring smaller-cap companies, with the aim of achieving long-term capital appreciation. DFAE was launched on December 2, 2020, and is managed by Dimensional Fund Advisors.

Conclusion

In summary, AQR Capital Management has significantly boosted its holdings in the Dimensional Emerging Core Equity Market ETF during the second quarter, reflecting growing institutional interest in the fund. With a solid performance and backing from various investment entities, DFAE remains a notable option for investors interested in emerging market equities.

AQR, DFAE, ETF