Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Sets New 52-Week High – Here’s Why

Shares of Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) reached a new 52-week high during trading on Tuesday . The company traded as high as $43.53 and last traded at $43.49, with a volume of 517784 shares traded. The stock had previously closed at $43.29.

Dimensional International Core Equity Market ETF Price Performance

The firm’s fifty day moving average price is $42.01 and its 200-day moving average price is $41.18. The firm has a market capitalization of $18.05 billion, a P/E ratio of 15.89 and a beta of 0.76.

Hedge Funds Weigh In On Dimensional International Core Equity Market ETF

Several hedge funds have recently modified their holdings of the company. Brighton Jones LLC boosted its stake in Dimensional International Core Equity Market ETF by 21.2% during the fourth quarter. Brighton Jones LLC now owns 1,073,196 shares of the company’s stock valued at $31,337,000 after buying an additional 188,084 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Dimensional International Core Equity Market ETF by 39.2% in the 1st quarter. AQR Capital Management LLC now owns 49,086 shares of the company’s stock valued at $1,533,000 after acquiring an additional 13,819 shares during the last quarter. Jane Street Group LLC acquired a new stake in Dimensional International Core Equity Market ETF in the 1st quarter valued at about $7,385,000. JPMorgan Chase & Co. boosted its position in shares of Dimensional International Core Equity Market ETF by 0.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 157,050 shares of the company’s stock valued at $5,429,000 after purchasing an additional 922 shares in the last quarter. Finally, Sei Investments Co. acquired a new position in shares of Dimensional International Core Equity Market ETF in the 2nd quarter worth approximately $1,205,000.

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.