Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Stock Breaks Below 50 Day Moving Average – Here’s What Happened

Shares of Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) passed below its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $41.81 and traded as low as $41.50. Dimensional International Core Equity Market ETF shares last traded at $41.57, with a volume of 3,145,186 shares traded.

Dimensional International Core Equity Market ETF Stock Performance

The stock has a market cap of $18.27 billion, a P/E ratio of 16.80 and a beta of 0.78. The firm has a 50-day moving average price of $41.81 and a 200-day moving average price of $41.39.

Institutional Trading of Dimensional International Core Equity Market ETF

A number of hedge funds have recently modified their holdings of the business. Lifeworks Advisors LLC bought a new position in shares of Dimensional International Core Equity Market ETF in the 3rd quarter worth about $386,000. Sentinel Wealth Management Inc. lifted its position in Dimensional International Core Equity Market ETF by 4.3% during the 3rd quarter. Sentinel Wealth Management Inc. now owns 235,233 shares of the company’s stock valued at $9,746,000 after acquiring an additional 9,658 shares during the period. Jackson Thornton Wealth Management LLC lifted its position in Dimensional International Core Equity Market ETF by 88.9% during the 3rd quarter. Jackson Thornton Wealth Management LLC now owns 323,131 shares of the company’s stock valued at $13,387,000 after acquiring an additional 152,060 shares during the period. Birchcreek Wealth Management LLC boosted its stake in Dimensional International Core Equity Market ETF by 7.4% during the third quarter. Birchcreek Wealth Management LLC now owns 365,886 shares of the company’s stock worth $15,159,000 after acquiring an additional 25,090 shares in the last quarter. Finally, Berger Financial Group Inc boosted its stake in Dimensional International Core Equity Market ETF by 7.0% during the third quarter. Berger Financial Group Inc now owns 638,581 shares of the company’s stock worth $26,456,000 after acquiring an additional 41,708 shares in the last quarter.

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.