Dimensional International Value ETF (NYSEARCA:DFIV) Stock Crosses Above 50 Day Moving Average – Here’s Why

Dimensional International Value ETF (NYSEARCA:DFIV) crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $56.90 and traded as high as $57.54. Dimensional International Value ETF shares last traded at $57.54, with a volume of 1,633,747 shares changing hands.

Dimensional International Value ETF Stock Performance

The business has a 50 day moving average of $56.90 and a two-hundred day moving average of $55.39. The stock has a market capitalization of $22.52 billion, a PE ratio of 12.09 and a beta of 0.67.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in DFIV. Lido Advisors LLC purchased a new position in shares of Dimensional International Value ETF in the 3rd quarter valued at approximately $891,000. Cornerstone Wealth Management LLC raised its stake in shares of Dimensional International Value ETF by 1.3% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 40,194 shares of the company’s stock valued at $2,245,000 after buying an additional 506 shares during the last quarter. Kestra Investment Management LLC boosted its position in Dimensional International Value ETF by 1.7% in the 3rd quarter. Kestra Investment Management LLC now owns 2,621,347 shares of the company’s stock worth $146,428,000 after purchasing an additional 44,829 shares in the last quarter. Burton Enright Welch acquired a new stake in Dimensional International Value ETF during the third quarter valued at $300,000. Finally, Journey Beyond Wealth LLC grew its position in shares of Dimensional International Value ETF by 1.9% during the 3rd quarter. Journey Beyond Wealth LLC now owns 80,697 shares of the company’s stock valued at $4,508,000 after acquiring an additional 1,498 shares during the period.

Dimensional International Value ETF Company Profile

The Dimensional International Value ETF (DFIV) is an exchange-traded fund that is based on the MSCI World ex USA (net div.) index. The fund is an actively managed fund that provides exposure to large value stocks from developed markets while minimizing federal taxes on performance returns. DFIV was launched on Apr 16, 1999 and is managed by Dimensional.