Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI)’s stock price passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $41.32 and traded as low as $41.26. Dimensional International Core Equity Market ETF shares last traded at $41.29, with a volume of 1,932,150 shares trading hands.

Dimensional International Core Equity Market ETF Price Performance

The company’s 50-day moving average price is $42.03 and its two-hundred day moving average price is $41.32. The company has a market capitalization of $18.09 billion, a price-to-earnings ratio of 15.89 and a beta of 0.78.

Institutional Trading of Dimensional International Core Equity Market ETF

A number of institutional investors have recently bought and sold shares of DFAI. Quadcap Wealth Management LLC lifted its stake in shares of Dimensional International Core Equity Market ETF by 1.6% in the 3rd quarter. Quadcap Wealth Management LLC now owns 16,873 shares of the company’s stock valued at $699,000 after purchasing an additional 269 shares during the period. Simplicity Wealth LLC boosted its position in shares of Dimensional International Core Equity Market ETF by 4.0% during the 3rd quarter. Simplicity Wealth LLC now owns 7,552 shares of the company’s stock valued at $313,000 after purchasing an additional 287 shares in the last quarter. Stewardship Advisors LLC boosted its position in shares of Dimensional International Core Equity Market ETF by 2.3% during the 3rd quarter. Stewardship Advisors LLC now owns 13,864 shares of the company’s stock valued at $574,000 after purchasing an additional 309 shares in the last quarter. Approach Retirement Advisors LLC boosted its position in shares of Dimensional International Core Equity Market ETF by 0.3% during the 3rd quarter. Approach Retirement Advisors LLC now owns 93,600 shares of the company’s stock valued at $3,878,000 after purchasing an additional 310 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. grew its stake in Dimensional International Core Equity Market ETF by 5.1% during the third quarter. Total Clarity Wealth Management Inc. now owns 6,470 shares of the company’s stock worth $268,000 after purchasing an additional 316 shares during the period.

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.