Dimensional US Core Equity 1 ETF (NYSEARCA:DCOR) Shares Cross Above 50 Day Moving Average – What’s Next?

Dimensional US Core Equity 1 ETF (NYSEARCA:DCOR) shares passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $83.76 and traded as high as $84.26. Dimensional US Core Equity 1 ETF shares last traded at $84.04, with a volume of 123,845 shares.

Dimensional US Core Equity 1 ETF Stock Performance

The company has a 50 day moving average price of $83.71 and a 200 day moving average price of $80.34. The firm has a market cap of $3.66 billion, a price-to-earnings ratio of 21.81 and a beta of 0.96.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Quantum Financial Advisors LLC lifted its holdings in shares of Dimensional US Core Equity 1 ETF by 7.6% in the 2nd quarter. Quantum Financial Advisors LLC now owns 894,764 shares of the company’s stock valued at $73,353,000 after purchasing an additional 63,441 shares during the last quarter. Monograph Wealth Advisors LLC boosted its stake in shares of Dimensional US Core Equity 1 ETF by 9.0% during the first quarter. Monograph Wealth Advisors LLC now owns 519,115 shares of the company’s stock valued at $37,418,000 after acquiring an additional 42,869 shares during the last quarter. Beacon Hill Wealth Management LTD. purchased a new position in Dimensional US Core Equity 1 ETF during the second quarter worth about $28,510,000. Envestnet Asset Management Inc. boosted its holdings in Dimensional US Core Equity 1 ETF by 13.8% in the second quarter. Envestnet Asset Management Inc. now owns 336,258 shares of the company’s stock valued at $27,566,000 after acquiring an additional 40,878 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its position in Dimensional US Core Equity 1 ETF by 10.3% in the first quarter. Geneos Wealth Management Inc. now owns 330,301 shares of the company’s stock valued at $23,808,000 after purchasing an additional 30,771 shares during the period.

About Dimensional US Core Equity 1 ETF

The Dimensional US Core Equity 1 ETF (DCOR) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to provide broad US equity exposure, seeking to provide long-term capital appreciation by tilting the weightings in the underlying stocks. DCOR was launched on Sep 12, 2023 and is issued by Dimensional.