Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Reaches New 12-Month High – Should You Buy?

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $43.35 and last traded at $43.27, with a volume of 58475 shares traded. The stock had previously closed at $43.14.

Dimensional International Core Equity Market ETF Stock Up 0.3%

The stock has a market cap of $17.98 billion, a price-to-earnings ratio of 15.89 and a beta of 0.76. The business’s fifty day moving average is $41.71 and its two-hundred day moving average is $41.02.

Hedge Funds Weigh In On Dimensional International Core Equity Market ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Godfrey Financial Associates Inc. purchased a new stake in shares of Dimensional International Core Equity Market ETF during the fourth quarter worth $26,000. RHL Group LLC acquired a new position in Dimensional International Core Equity Market ETF during the 4th quarter worth $30,000. Richards Merrill & Peterson Inc. acquired a new position in Dimensional International Core Equity Market ETF during the 4th quarter worth $32,000. Coston McIsaac & Partners increased its holdings in Dimensional International Core Equity Market ETF by 328.3% during the 1st quarter. Coston McIsaac & Partners now owns 938 shares of the company’s stock worth $36,000 after purchasing an additional 719 shares during the period. Finally, Family Manage LLC purchased a new stake in Dimensional International Core Equity Market ETF during the 1st quarter worth about $37,000.

Dimensional International Core Equity Market ETF Company 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.