Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Reaches New 1-Year High – What’s Next?

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) shares 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. The stock had previously closed at $70.16.

Dimensional U.S. Small Cap ETF Stock Performance

The company has a market cap of $12.03 billion, a PE ratio of 15.89 and a beta of 1.06. The company’s 50-day simple moving average is $68.34 and its 200 day simple moving average is $66.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DFAS. Barnes Pettey Financial Advisors LLC acquired a new position in shares of Dimensional U.S. Small Cap ETF during the second quarter worth $361,000. Accredited Wealth Management LLC lifted its holdings in Dimensional U.S. Small Cap ETF by 5.8% during the 1st quarter. Accredited Wealth Management LLC now owns 21,880 shares of the company’s stock worth $1,307,000 after buying an additional 1,192 shares during the last quarter. Bouchey Financial Group Ltd boosted its position in shares of Dimensional U.S. Small Cap ETF by 0.8% during the 2nd quarter. Bouchey Financial Group Ltd now owns 394,009 shares of the company’s stock worth $25,102,000 after acquiring an additional 3,237 shares in the last quarter. Mustard Seed Financial LLC increased its holdings in shares of Dimensional U.S. Small Cap ETF by 4.8% in the 2nd quarter. Mustard Seed Financial LLC now owns 5,267 shares of the company’s stock valued at $336,000 after acquiring an additional 243 shares during the last quarter. Finally, Powers Advisory Group LLC increased its holdings in shares of Dimensional U.S. Small Cap ETF by 15.6% in the 2nd quarter. Powers Advisory Group LLC now owns 22,698 shares of the company’s stock valued at $1,446,000 after acquiring an additional 3,065 shares during the last quarter.

About Dimensional U.S. Small Cap ETF

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.