Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Sets New 52-Week High – Time to Buy?

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $41.54 and last traded at $41.50, with a volume of 1345892 shares traded. The stock had previously closed at $40.87.

Dimensional International Core Equity Market ETF Stock Up 1.5%

The company’s fifty day moving average price is $38.90 and its two-hundred day moving average price is $37.11. The firm has a market cap of $14.42 billion, a PE ratio of 15.89 and a beta of 0.78.

Hedge Funds Weigh In On Dimensional International Core Equity Market ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in DFAI. Brighton Jones LLC lifted its holdings in shares of Dimensional International Core Equity Market ETF by 21.2% in the 4th 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 during the period. AQR Capital Management LLC lifted its holdings in Dimensional International Core Equity Market ETF by 39.2% in the first 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 period. Jane Street Group LLC purchased a new stake in shares of Dimensional International Core Equity Market ETF during the 1st quarter worth $7,385,000. Janney Montgomery Scott LLC acquired a new position in shares of Dimensional International Core Equity Market ETF during the 2nd quarter worth $207,000. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of Dimensional International Core Equity Market ETF by 277.3% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 72,249 shares of the company’s stock valued at $2,498,000 after purchasing an additional 53,099 shares in the last quarter.

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.