Dimensional International Value ETF (NYSEARCA:DFIV) Hits New 52-Week High – Still a Buy?

Dimensional International Value ETF (NYSEARCA:DFIV)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $45.62 and last traded at $45.39, with a volume of 1039664 shares changing hands. The stock had previously closed at $45.34.

Dimensional International Value ETF Price Performance

The firm’s 50 day moving average is $43.55 and its two-hundred day moving average is $41.04. The firm has a market capitalization of $12.91 billion, a P/E ratio of 12.09 and a beta of 0.79.

Hedge Funds Weigh In On Dimensional International Value ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Harbour Investments Inc. boosted its position in Dimensional International Value ETF by 67.4% during the second quarter. Harbour Investments Inc. now owns 683 shares of the company’s stock worth $29,000 after purchasing an additional 275 shares during the period. JNBA Financial Advisors bought a new position in Dimensional International Value ETF during the second quarter worth $31,000. GeoWealth Management LLC bought a new position in Dimensional International Value ETF during the fourth quarter worth $28,000. SouthState Corp bought a new position in Dimensional International Value ETF during the first quarter worth $34,000. Finally, Gables Capital Management Inc. bought a new position in Dimensional International Value ETF during the second quarter worth $43,000.

About Dimensional International Value ETF

The Dimensional International Value ETF (DFIV) is an exchange-traded fund that is based on the MSCI World ex USA (net div.) index. The fund is an actively managed fund that provides exposure to large value stocks from developed markets while minimizing federal taxes on performance returns. DFIV was launched on Apr 16, 1999 and is managed by Dimensional.