Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Sets New 52-Week High – Should You Buy?

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $68.92 and last traded at $68.90, with a volume of 4042 shares changing hands. The stock had previously closed at $65.56.

Dimensional U.S. Small Cap ETF Stock Performance

The firm has a market capitalization of $9.01 billion, a PE ratio of 12.98 and a beta of 1.13. The firm’s 50-day moving average is $64.26 and its 200 day moving average is $62.28.

Institutional Investors Weigh In On Dimensional U.S. Small Cap ETF

Hedge funds have recently added to or reduced their stakes in the stock. First Foundation Advisors bought a new stake in shares of Dimensional U.S. Small Cap ETF in the 1st quarter valued at approximately $215,000. Private Advisor Group LLC raised its position in shares of Dimensional U.S. Small Cap ETF by 5.8% during the second quarter. Private Advisor Group LLC now owns 82,466 shares of the company’s stock worth $4,955,000 after purchasing an additional 4,490 shares during the period. Williams Financial LLC raised its position in Dimensional U.S. Small Cap ETF by 0.8% in the 2nd quarter. Williams Financial LLC now owns 185,903 shares of the company’s stock valued at $11,169,000 after buying an additional 1,460 shares during the last quarter. Merriman Wealth Management LLC grew its stake in Dimensional U.S. Small Cap ETF by 10.3% in the second quarter. Merriman Wealth Management LLC now owns 10,988 shares of the company’s stock valued at $660,000 after purchasing an additional 1,028 shares in the last quarter. Finally, DBK Financial Counsel LLC boosted its stake in shares of Dimensional U.S. Small Cap ETF by 3.9% during the 3rd quarter. DBK Financial Counsel LLC now owns 51,702 shares of the company’s stock worth $3,353,000 after acquiring an additional 1,918 shares during the period.

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.