Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Hits New 12-Month High – Still a Buy?

Shares of Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $39.72 and last traded at $39.6850, with a volume of 214038 shares. The stock had previously closed at $39.46.

Dimensional International Core Equity Market ETF Price Performance

The firm has a market capitalization of $13.58 billion, a P/E ratio of 15.89 and a beta of 0.78. The firm has a fifty day simple moving average of $37.94 and a two-hundred day simple moving average of $36.57.

Hedge Funds Weigh In On Dimensional International Core Equity Market ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Hantz Financial Services Inc. purchased a new position in Dimensional International Core Equity Market ETF in the 2nd quarter worth $29,000. Accredited Wealth Management LLC lifted its holdings in Dimensional International Core Equity Market ETF by 1,081.2% in the third quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock worth $36,000 after buying an additional 919 shares during the period. Steigerwald Gordon & Koch Inc. bought a new position in Dimensional International Core Equity Market ETF in the third quarter worth $44,000. Bellevue Asset Management LLC bought a new stake in Dimensional International Core Equity Market ETF during the second quarter worth about $46,000. Finally, Bessemer Group Inc. bought a new stake in Dimensional International Core Equity Market ETF during the 2nd quarter valued at about $46,000.

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.