HighTower Advisors LLC Lowers Holdings in Dimensional U.S. Core Equity 2 ETF $DFAC

HighTower Advisors LLC decreased its stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 3.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,738,089 shares of the company’s stock after selling 201,526 shares during the quarter. HighTower Advisors LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $227,171,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of DFAC. Franklin Resources Inc. purchased a new position in Dimensional U.S. Core Equity 2 ETF during the second quarter worth approximately $124,000. Qube Research & Technologies Ltd boosted its position in Dimensional U.S. Core Equity 2 ETF by 20,631.6% during the second quarter. Qube Research & Technologies Ltd now owns 101,792 shares of the company’s stock worth $3,648,000 after purchasing an additional 101,301 shares in the last quarter. Sei Investments Co. purchased a new position in Dimensional U.S. Core Equity 2 ETF during the second quarter worth approximately $4,708,000. Ieq Capital LLC boosted its position in Dimensional U.S. Core Equity 2 ETF by 160.8% during the second quarter. Ieq Capital LLC now owns 114,905 shares of the company’s stock worth $4,118,000 after purchasing an additional 70,849 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its position in Dimensional U.S. Core Equity 2 ETF by 20.5% during the second quarter. Quantinno Capital Management LP now owns 133,236 shares of the company’s stock worth $4,775,000 after purchasing an additional 22,682 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Stock Performance

Shares of DFAC stock opened at $42.98 on Tuesday. The company has a market capitalization of $45.07 billion, a P/E ratio of 20.75 and a beta of 0.98. The business’s 50 day moving average is $40.78 and its two-hundred day moving average is $40.27. Dimensional U.S. Core Equity 2 ETF has a 12-month low of $33.43 and a 12-month high of $43.63.

Dimensional U.S. Core Equity 2 ETF Profile

The Dimensional U.S. Core Equity 2 ETF (DFAC) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAC was launched on Oct 4, 2007 and is managed by Dimensional.