Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Sets New 12-Month High – Here’s Why

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $32.11 and last traded at $32.09, with a volume of 1048345 shares. The stock had previously closed at $31.34.

Dimensional International Core Equity Market ETF Price Performance

The firm has a market capitalization of $8.96 billion, a price-to-earnings ratio of 16.39 and a beta of 0.84. The stock has a fifty day moving average of $30.37 and a two-hundred day moving average of $30.55.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Aegis Wealth Management LLC bought a new stake in shares of Dimensional International Core Equity Market ETF during the 4th quarter valued at about $7,982,000. Bannerman Wealth Management Group LLC acquired a new position in shares of Dimensional International Core Equity Market ETF during the 4th quarter valued at $8,971,000. Arcadia Wealth Management Inc. bought a new position in Dimensional International Core Equity Market ETF during the fourth quarter worth $7,392,000. Wood Tarver Financial Group LLC acquired a new stake in Dimensional International Core Equity Market ETF in the fourth quarter worth $53,000. Finally, American Investment Services Inc. increased its stake in Dimensional International Core Equity Market ETF by 2.4% in the fourth quarter. American Investment Services Inc. now owns 71,556 shares of the company’s stock valued at $2,089,000 after purchasing an additional 1,651 shares in the last quarter.

Dimensional International Core Equity Market ETF Company Profile

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.