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 $74.97 and last traded at $74.6610, with a volume of 106284 shares trading hands. The stock had previously closed at $73.45.

Dimensional U.S. Small Cap ETF Stock Performance

The business’s fifty day simple moving average is $70.51 and its 200 day simple moving average is $68.43. The stock has a market cap of $13.09 billion, a price-to-earnings ratio of 15.89 and a beta of 1.06.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in DFAS. AQR Capital Management LLC increased its position in Dimensional U.S. Small Cap ETF by 30.3% in the 1st quarter. AQR Capital Management LLC now owns 35,688 shares of the company’s stock valued at $2,132,000 after acquiring an additional 8,299 shares during the period. Jane Street Group LLC acquired a new position in Dimensional U.S. Small Cap ETF during the 1st quarter valued at about $4,677,000. Ridgewood Investments LLC lifted its stake in shares of Dimensional U.S. Small Cap ETF by 197.1% in the 2nd quarter. Ridgewood Investments LLC now owns 3,972 shares of the company’s stock worth $253,000 after acquiring an additional 2,635 shares during the period. Kooman & Associates increased its stake in shares of Dimensional U.S. Small Cap ETF by 2.6% during the second quarter. Kooman & Associates now owns 90,651 shares of the company’s stock valued at $5,775,000 after acquiring an additional 2,288 shares during the period. Finally, CGN Advisors LLC lifted its position in Dimensional U.S. Small Cap ETF by 11.0% in the second quarter. CGN Advisors LLC now owns 145,124 shares of the company’s stock worth $9,246,000 after purchasing an additional 14,326 shares during the period.

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.