Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Hits New 1-Year High – Here’s Why

Shares of Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) hit a new 52-week high on Wednesday . The stock traded as high as $71.36 and last traded at $71.6760, with a volume of 747149 shares changing hands. The stock had previously closed at $70.16.

Dimensional U.S. Small Cap ETF Price Performance

The company has a market capitalization of $12.02 billion, a price-to-earnings ratio of 15.89 and a beta of 1.06. The stock has a fifty day simple moving average of $68.47 and a 200-day simple moving average of $66.57.

Hedge Funds Weigh In On Dimensional U.S. Small Cap ETF

Several large investors have recently made changes to their positions in DFAS. HHM Wealth Advisors LLC purchased a new stake in shares of Dimensional U.S. Small Cap ETF during the 3rd quarter worth about $26,000. Reyes Financial Architecture Inc. acquired a new stake in Dimensional U.S. Small Cap ETF during the 2nd quarter worth $36,000. Tradewinds Capital Management LLC raised its holdings in Dimensional U.S. Small Cap ETF by 38.6% in the 3rd quarter. Tradewinds Capital Management LLC now owns 610 shares of the company’s stock valued at $42,000 after acquiring an additional 170 shares during the last quarter. Trust Co. of Vermont purchased a new position in Dimensional U.S. Small Cap ETF in the 2nd quarter worth approximately $42,000. Finally, Quent Capital LLC acquired a new position in shares of Dimensional U.S. Small Cap ETF during the 3rd quarter worth approximately $48,000.

Dimensional U.S. Small Cap ETF Company Profile

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.