Dimensional US Small Cap Value ETF (NYSEARCA:DFSV) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Shares of Dimensional US Small Cap Value ETF (NYSEARCA:DFSV) crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $38.84 and traded as high as $39.55. Dimensional US Small Cap Value ETF shares last traded at $39.31, with a volume of 898,187 shares changing hands.

Dimensional US Small Cap Value ETF Stock Up 0.5%

The company’s 50-day moving average is $38.83 and its 200 day moving average is $37.84. The company has a market cap of $8.54 billion, a price-to-earnings ratio of 11.84 and a beta of 1.03.

Institutional Investors Weigh In On Dimensional US Small Cap Value ETF

Hedge funds have recently modified their holdings of the company. Allworth Financial LP grew its position in shares of Dimensional US Small Cap Value ETF by 110.0% during the 3rd quarter. Allworth Financial LP now owns 894,613 shares of the company’s stock valued at $34,702,000 after acquiring an additional 468,646 shares during the period. Navigoe LLC raised its holdings in Dimensional US Small Cap Value ETF by 3.2% in the 3rd quarter. Navigoe LLC now owns 384,990 shares of the company’s stock worth $14,425,000 after purchasing an additional 11,785 shares during the period. Shore Point Advisors LLC acquired a new position in Dimensional US Small Cap Value ETF in the 3rd quarter worth about $240,000. Collective Family Office LLC acquired a new position in Dimensional US Small Cap Value ETF in the 3rd quarter worth about $7,637,000. Finally, Envestnet Asset Management Inc. boosted its position in Dimensional US Small Cap Value ETF by 3.9% during the second quarter. Envestnet Asset Management Inc. now owns 2,378,365 shares of the company’s stock worth $92,257,000 after purchasing an additional 89,801 shares in the last quarter.

About Dimensional US Small Cap Value ETF

The Dimensional US Small Cap Value ETF (DFSV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in broad and diverse portfolio of US small-cap companies. Stock selection is based on value characteristics and weighted by market capitalization. DFSV was launched on Feb 24, 2022 and is managed by Dimensional.