Dimensional US Real Estate ETF (NYSEARCA:DFAR) Share Price Breaks Above 50 Day Moving Average – Time to Sell?

Dimensional US Real Estate ETF (NYSEARCA:DFAR) passed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $25.22 and traded as high as $25.38. Dimensional US Real Estate ETF shares last traded at $25.25, with a volume of 1,347,046 shares.

Dimensional US Real Estate ETF Stock Performance

The company has a 50 day moving average of $25.22 and a two-hundred day moving average of $25.27. The stock has a market capitalization of $1.73 billion, a PE ratio of 31.45 and a beta of 0.90.

Hedge Funds Weigh In On Dimensional US Real Estate ETF

Several hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC raised its stake in Dimensional US Real Estate ETF by 10.9% in the 1st quarter. Root Financial Partners LLC now owns 2,117,477 shares of the company’s stock worth $50,078,000 after acquiring an additional 208,208 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in Dimensional US Real Estate ETF by 7.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 757,577 shares of the company’s stock valued at $19,818,000 after purchasing an additional 50,748 shares during the last quarter. Concurrent Investment Advisors LLC grew its stake in Dimensional US Real Estate ETF by 5.2% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 469,889 shares of the company’s stock valued at $12,292,000 after purchasing an additional 23,030 shares during the last quarter. Core Wealth Management Inc. grew its stake in Dimensional US Real Estate ETF by 1.6% during the 1st quarter. Core Wealth Management Inc. now owns 485,351 shares of the company’s stock valued at $11,479,000 after purchasing an additional 7,454 shares during the last quarter. Finally, Jackson Thornton Wealth Management LLC increased its holdings in shares of Dimensional US Real Estate ETF by 6.4% in the first quarter. Jackson Thornton Wealth Management LLC now owns 455,801 shares of the company’s stock valued at $11,345,000 after purchasing an additional 27,411 shares during the period.

Dimensional US Real Estate ETF Company Profile

The Dimensional US Real Estate ETF (DFAR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to invest in US companies whose principal activities are engaged in the broad real estate sector, including REITs. Portfolio holdings are weighted by market capitalization. DFAR was launched on Feb 23, 2022 and is managed by Dimensional.