Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) Hits New 12-Month High – Here’s Why

Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX)’s stock price reached a new 52-week high on Friday . The company traded as high as $27.43 and last traded at $27.38, with a volume of 89141 shares traded. The stock had previously closed at $26.85.

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

The stock’s fifty day simple moving average is $26.13 and its two-hundred day simple moving average is $25.79. The company has a market cap of $7.98 billion, a price-to-earnings ratio of 13.58 and a beta of 0.76.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Pillar Financial Advisors LLC acquired a new stake in Dimensional World ex U.S. Core Equity 2 ETF in the 4th quarter valued at $34,000. CX Institutional acquired a new stake in shares of Dimensional World ex U.S. Core Equity 2 ETF in the first quarter valued at about $35,000. Elevation Wealth Partners LLC grew its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 427.1% in the fourth quarter. Elevation Wealth Partners LLC now owns 1,534 shares of the company’s stock valued at $38,000 after buying an additional 1,243 shares in the last quarter. Redmont Wealth Advisors LLC purchased a new stake in shares of Dimensional World ex U.S. Core Equity 2 ETF during the 1st quarter valued at about $42,000. Finally, Rossby Financial LCC acquired a new position in Dimensional World ex U.S. Core Equity 2 ETF during the 1st quarter worth approximately $49,000.

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.