Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Reaches New 1-Year High – Should You Buy?
by Jessica Moore · The Cerbat GemDimensional International Core Equity Market ETF (NYSEARCA:DFAI – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $39.18 and last traded at $39.0940, with a volume of 70456 shares changing hands. The stock had previously closed at $38.87.
Dimensional International Core Equity Market ETF Stock Performance
The business has a 50-day moving average of $37.47 and a 200 day moving average of $36.24. The stock has a market cap of $13.15 billion, a PE ratio of 15.89 and a beta of 0.78.
Hedge Funds Weigh In On Dimensional International Core Equity Market ETF
Several institutional investors and hedge funds have recently modified their holdings of the company. Brighton Jones LLC raised its holdings in Dimensional International Core Equity Market ETF by 21.2% in the 4th quarter. Brighton Jones LLC now owns 1,073,196 shares of the company’s stock valued at $31,337,000 after acquiring an additional 188,084 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Dimensional International Core Equity Market ETF by 39.2% in the first quarter. AQR Capital Management LLC now owns 49,086 shares of the company’s stock valued at $1,533,000 after purchasing an additional 13,819 shares during the period. Jane Street Group LLC acquired a new position in Dimensional International Core Equity Market ETF in the first quarter valued at $7,385,000. Focus Partners Wealth increased its stake in Dimensional International Core Equity Market ETF by 4.3% in the first quarter. Focus Partners Wealth now owns 1,836,798 shares of the company’s stock valued at $57,363,000 after purchasing an additional 74,982 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in Dimensional International Core Equity Market ETF by 338.8% during the first quarter. Geneos Wealth Management Inc. now owns 8,337 shares of the company’s stock worth $260,000 after buying an additional 6,437 shares during the period.
About Dimensional International Core Equity Market ETF
The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.