Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Reaches New 12-Month High – Here’s Why

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $46.19 and last traded at $46.15, with a volume of 40368 shares trading hands. The stock had previously closed at $45.96.

Dimensional U.S. Core Equity 2 ETF Price Performance

The firm has a market capitalization of $49.74 billion, a price-to-earnings ratio of 20.75 and a beta of 0.98. The firm’s 50-day simple moving average is $44.48 and its 200 day simple moving average is $42.40.

Hedge Funds Weigh In On Dimensional U.S. Core Equity 2 ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Franklin Resources Inc. bought a new position in Dimensional U.S. Core Equity 2 ETF in the second quarter valued at about $124,000. Qube Research & Technologies Ltd lifted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 20,631.6% in the second quarter. Qube Research & Technologies Ltd now owns 101,792 shares of the company’s stock worth $3,648,000 after acquiring an additional 101,301 shares during the last quarter. Sei Investments Co. bought a new position in shares of Dimensional U.S. Core Equity 2 ETF in the second quarter worth about $4,708,000. Ieq Capital LLC boosted its stake in shares of Dimensional U.S. Core Equity 2 ETF by 160.8% in the 2nd quarter. Ieq Capital LLC now owns 114,905 shares of the company’s stock valued at $4,118,000 after purchasing an additional 70,849 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its stake in shares of Dimensional U.S. Core Equity 2 ETF by 20.5% in the 2nd quarter. Quantinno Capital Management LP now owns 133,236 shares of the company’s stock valued at $4,775,000 after purchasing an additional 22,682 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Company Profile

The Dimensional U.S. Core Equity 2 ETF (DFAC) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAC was launched on Oct 4, 2007 and is managed by Dimensional.