Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) Sets New 52-Week High – Here’s Why

Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $37.13 and last traded at $37.10, with a volume of 728469 shares traded. The stock had previously closed at $36.77.

Dimensional World ex U.S. Core Equity 2 ETF Price Performance

The company has a market capitalization of $11.50 billion, a price-to-earnings ratio of 14.59 and a beta of 0.74. The stock has a 50 day simple moving average of $34.70 and a 200 day simple moving average of $32.59.

Hedge Funds Weigh In On Dimensional World ex U.S. Core Equity 2 ETF

Several institutional investors have recently modified their holdings of DFAX. IFC & Insurance Marketing Inc. bought a new stake in Dimensional World ex U.S. Core Equity 2 ETF in the 4th quarter valued at about $33,000. Fifth Third Bancorp increased its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 1,391.7% in the third quarter. Fifth Third Bancorp now owns 1,074 shares of the company’s stock valued at $34,000 after purchasing an additional 1,002 shares during the period. Trust Co. of Vermont bought a new stake in shares of Dimensional World ex U.S. Core Equity 2 ETF during the third quarter valued at approximately $36,000. Arax Advisory Partners bought a new stake in shares of Dimensional World ex U.S. Core Equity 2 ETF during the fourth quarter valued at approximately $41,000. Finally, Jackson Grant Investment Advisers Inc. acquired a new position in shares of Dimensional World ex U.S. Core Equity 2 ETF during the third quarter worth approximately $48,000.

Dimensional World ex U.S. Core Equity 2 ETF Company Profile

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.