Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Sets New 12-Month High – Time to Buy?

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) hit a new 52-week high on Monday . The company traded as high as $34.76 and last traded at $34.65, with a volume of 180344 shares trading hands. The stock had previously closed at $34.35.

Dimensional International Core Equity Market ETF Stock Performance

The company has a market capitalization of $10.29 billion, a PE ratio of 16.37 and a beta of 0.80. The firm has a fifty day simple moving average of $32.69 and a 200-day simple moving average of $31.27.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Optima Capital LLC lifted its position in shares of Dimensional International Core Equity Market ETF by 5.3% during the first quarter. Optima Capital LLC now owns 84,980 shares of the company’s stock worth $2,654,000 after purchasing an additional 4,262 shares during the last quarter. Invst LLC raised its position in shares of Dimensional International Core Equity Market ETF by 22.2% during the 1st quarter. Invst LLC now owns 40,446 shares of the company’s stock valued at $1,263,000 after acquiring an additional 7,337 shares in the last quarter. Porter White Investment Advisors Inc. acquired a new position in Dimensional International Core Equity Market ETF in the first quarter worth $703,000. Parkshore Wealth Management Inc. increased its stake in Dimensional International Core Equity Market ETF by 17.9% during the first quarter. Parkshore Wealth Management Inc. now owns 319,302 shares of the company’s stock valued at $9,972,000 after purchasing an additional 48,385 shares during the last quarter. Finally, Jacobi Capital Management LLC increased its stake in Dimensional International Core Equity Market ETF by 24.9% during the first quarter. Jacobi Capital Management LLC now owns 207,273 shares of the company’s stock valued at $6,473,000 after purchasing an additional 41,360 shares during the last quarter.

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.