Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Sets New 12-Month High – Time to Buy?

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI)’s share price reached a new 52-week high on Friday . The company traded as high as $38.55 and last traded at $38.4650, with a volume of 12203 shares. The stock had previously closed at $38.30.

Dimensional International Core Equity Market ETF Trading Up 1.1%

The company has a market cap of $12.55 billion, a PE ratio of 15.89 and a beta of 0.78. The business has a fifty day moving average of $37.31 and a 200-day moving average of $36.12.

Hedge Funds Weigh In On Dimensional International Core Equity Market ETF

Several hedge funds have recently made changes to their positions in the business. Coldstream Capital Management Inc. purchased a new stake in Dimensional International Core Equity Market ETF in the second quarter worth $200,044,000. First National Bank of Omaha purchased a new stake in shares of Dimensional International Core Equity Market ETF in the 3rd quarter worth about $68,730,000. Envestnet Asset Management Inc. lifted its position in shares of Dimensional International Core Equity Market ETF by 24.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,247,357 shares of the company’s stock worth $319,680,000 after purchasing an additional 1,814,546 shares during the period. Maseco LLP bought a new stake in shares of Dimensional International Core Equity Market ETF during the 2nd quarter valued at about $62,206,000. Finally, Berman McAleer LLC purchased a new position in shares of Dimensional International Core Equity Market ETF during the third quarter valued at about $62,822,000.

About Dimensional International Core Equity Market ETF

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.