Envestnet Portfolio Solutions Inc. Sells 16,831 Shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV)

Envestnet Portfolio Solutions Inc. lessened its holdings in Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) by 9.0% during the 1st quarter, Holdings Channel reports. The firm owned 170,490 shares of the company’s stock after selling 16,831 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Dimensional US Marketwide Value ETF were worth $6,973,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Disciplined Equity Management Inc. raised its position in shares of Dimensional US Marketwide Value ETF by 4.5% in the 1st quarter. Disciplined Equity Management Inc. now owns 679,318 shares of the company’s stock valued at $27,784,000 after acquiring an additional 29,553 shares during the period. Embree Financial Group raised its position in shares of Dimensional US Marketwide Value ETF by 12.4% in the 1st quarter. Embree Financial Group now owns 179,983 shares of the company’s stock valued at $7,361,000 after acquiring an additional 19,788 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in shares of Dimensional US Marketwide Value ETF by 72.9% in the 1st quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 19,438 shares of the company’s stock valued at $795,000 after acquiring an additional 8,196 shares during the period. Rehmann Capital Advisory Group raised its position in shares of Dimensional US Marketwide Value ETF by 6.0% in the 1st quarter. Rehmann Capital Advisory Group now owns 20,277 shares of the company’s stock valued at $829,000 after acquiring an additional 1,151 shares during the period. Finally, Liberty Wealth Management LLC raised its holdings in Dimensional US Marketwide Value ETF by 15.1% during the 1st quarter. Liberty Wealth Management LLC now owns 27,950 shares of the company’s stock worth $1,143,000 after buying an additional 3,659 shares during the period.

Dimensional US Marketwide Value ETF Stock Performance

DFUV stock traded up $0.27 during mid-day trading on Friday, hitting $40.18. 190,744 shares of the company were exchanged, compared to its average volume of 300,104. The firm has a market cap of $10.52 billion, a P/E ratio of 13.63 and a beta of 0.85. The firm’s 50 day simple moving average is $39.51 and its 200 day simple moving average is $38.85. Dimensional US Marketwide Value ETF has a 1-year low of $31.76 and a 1-year high of $40.96.

Dimensional US Marketwide Value ETF Profile

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.