Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Reaches New 52-Week High – Still a Buy?

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) shares reached a new 52-week high on Wednesday . The company traded as high as $40.78 and last traded at $40.71, with a volume of 1409061 shares changing hands. The stock had previously closed at $40.10.

Dimensional International Core Equity Market ETF Trading Up 1.5%

The firm has a market capitalization of $13.95 billion, a price-to-earnings ratio of 15.89 and a beta of 0.78. The stock’s 50-day moving average is $38.21 and its 200-day moving average is $36.74.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Brighton Jones LLC grew its position in Dimensional International Core Equity Market ETF by 21.2% during the 4th quarter. Brighton Jones LLC now owns 1,073,196 shares of the company’s stock worth $31,337,000 after acquiring an additional 188,084 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Dimensional International Core Equity Market ETF by 39.2% during 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 in the last quarter. Jane Street Group LLC bought a new stake in shares of Dimensional International Core Equity Market ETF during the first quarter worth about $7,385,000. Global Trust Asset Management LLC increased its stake in shares of Dimensional International Core Equity Market ETF by 1,022.2% in the second quarter. Global Trust Asset Management LLC now owns 5,050 shares of the company’s stock valued at $175,000 after buying an additional 4,600 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Dimensional International Core Equity Market ETF in the second quarter valued at approximately $207,000.

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.