Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Reaches New 52-Week High – Time to Buy?

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)’s share price hit a new 52-week high on Thursday . The company traded as high as $43.41 and last traded at $43.41, with a volume of 48440 shares traded. The stock had previously closed at $43.22.

Dimensional U.S. Core Equity 2 ETF Stock Up 0.7%

The business’s 50 day moving average is $40.63 and its 200-day moving average is $40.19. The firm has a market capitalization of $45.64 billion, a P/E ratio of 20.75 and a beta of 0.98.

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

Several hedge funds and other institutional investors have recently modified their holdings of the business. Franklin Resources Inc. bought a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the 2nd quarter worth $124,000. Qube Research & Technologies Ltd grew its position in Dimensional U.S. Core Equity 2 ETF by 20,631.6% in the second quarter. Qube Research & Technologies Ltd now owns 101,792 shares of the company’s stock valued at $3,648,000 after acquiring an additional 101,301 shares during the last quarter. Sei Investments Co. acquired a new position in Dimensional U.S. Core Equity 2 ETF during the second quarter worth about $4,708,000. Ieq Capital LLC raised its stake in Dimensional U.S. Core Equity 2 ETF by 160.8% during the second quarter. Ieq Capital LLC now owns 114,905 shares of the company’s stock worth $4,118,000 after acquiring an additional 70,849 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 20.5% in the second quarter. Quantinno Capital Management LP now owns 133,236 shares of the company’s stock worth $4,775,000 after acquiring an additional 22,682 shares during the last quarter.

About Dimensional U.S. Core Equity 2 ETF

The Dimensional U.S. Core Equity 2 ETF (DFAC) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAC was launched on Oct 4, 2007 and is managed by Dimensional.