Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) Sets New 12-Month High – Should You Buy?

Shares of Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) hit a new 52-week high on Monday . The company traded as high as $38.45 and last traded at $38.06, with a volume of 38774 shares traded. The stock had previously closed at $37.43.

Dimensional World ex U.S. Core Equity 2 ETF Stock Up 1.6%

The firm has a market cap of $12.06 billion, a P/E ratio of 14.59 and a beta of 0.75. The firm’s fifty day moving average is $36.66 and its two-hundred day moving average is $34.98.

Institutional Trading of Dimensional World ex U.S. Core Equity 2 ETF

Large investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC boosted its holdings in shares of Dimensional World ex U.S. Core Equity 2 ETF by 16.3% during the 1st quarter. NewEdge Advisors LLC now owns 136,435 shares of the company’s stock valued at $4,635,000 after buying an additional 19,113 shares in the last quarter. Glenmede Trust Co. NA boosted its stake in Dimensional World ex U.S. Core Equity 2 ETF by 1.3% during the first quarter. Glenmede Trust Co. NA now owns 5,208,807 shares of the company’s stock worth $176,943,000 after acquiring an additional 66,092 shares in the last quarter. WNY Asset Management LLC purchased a new stake in Dimensional World ex U.S. Core Equity 2 ETF in the first quarter worth about $486,000. Flax Pond Capital LLC grew its holdings in Dimensional World ex U.S. Core Equity 2 ETF by 1.9% in the first quarter. Flax Pond Capital LLC now owns 68,464 shares of the company’s stock worth $2,326,000 after purchasing an additional 1,300 shares during the period. Finally, Bank of America Corp DE increased its position in Dimensional World ex U.S. Core Equity 2 ETF by 25.5% during the 1st quarter. Bank of America Corp DE now owns 2,450,708 shares of the company’s stock valued at $83,251,000 after buying an additional 498,239 shares in the last quarter.

About Dimensional World ex U.S. Core Equity 2 ETF

The Dimensional World ex U.S. Core Equity 2 ETF (DFAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in non-US companies around the globe, with a focus on small- cap stocks. DFAX was launched on Mar 6, 2008 and is managed by Dimensional.