Root Financial Partners LLC Raises Stock Position in Dimensional International Core Equity Market ETF $DFAI

Root Financial Partners LLC increased its position in Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) by 5.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,167,029 shares of the company’s stock after buying an additional 198,552 shares during the quarter. Dimensional International Core Equity Market ETF accounts for approximately 7.5% of Root Financial Partners LLC’s holdings, making the stock its 2nd biggest holding. Root Financial Partners LLC’s holdings in Dimensional International Core Equity Market ETF were worth $162,347,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in 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 worth $31,337,000 after buying an additional 188,084 shares during the period. AQR Capital Management LLC increased its holdings in shares of Dimensional International Core Equity Market ETF by 39.2% during 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 in the last quarter. Jane Street Group LLC purchased a new position in Dimensional International Core Equity Market ETF in the first quarter worth about $7,385,000. JPMorgan Chase & Co. lifted its position in Dimensional International Core Equity Market ETF by 0.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 157,050 shares of the company’s stock valued at $5,429,000 after acquiring an additional 922 shares in the last quarter. Finally, Sei Investments Co. bought a new stake in shares of Dimensional International Core Equity Market ETF in the second quarter worth approximately $1,205,000.

Dimensional International Core Equity Market ETF Stock Performance

DFAI stock opened at $41.09 on Thursday. The company has a market cap of $16.69 billion, a price-to-earnings ratio of 15.89 and a beta of 0.76. The business’s 50-day moving average is $41.32 and its two-hundred day moving average is $40.33. Dimensional International Core Equity Market ETF has a fifty-two week low of $33.84 and a fifty-two week high of $42.50.

Dimensional International Core Equity Market ETF 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.