Dimensional Global Real Estate ETF (NYSEARCA:DFGR) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Dimensional Global Real Estate ETF (NYSEARCA:DFGR)’s share price crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $27.97 and traded as high as $28.09. Dimensional Global Real Estate ETF shares last traded at $28.05, with a volume of 549,655 shares changing hands.

Dimensional Global Real Estate ETF Stock Up 0.1%

The stock has a market capitalization of $3.90 billion, a P/E ratio of 29.05 and a beta of 0.88. The company has a fifty day moving average price of $27.94 and a 200-day moving average price of $28.33.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Forum Financial Management LP acquired a new stake in Dimensional Global Real Estate ETF during the 3rd quarter worth about $500,785,000. JMG Financial Group Ltd. increased its holdings in Dimensional Global Real Estate ETF by 11.3% in the first quarter. JMG Financial Group Ltd. now owns 6,344,111 shares of the company’s stock valued at $168,626,000 after buying an additional 642,453 shares in the last quarter. Brighton Jones LLC increased its position in shares of Dimensional Global Real Estate ETF by 7.2% in the first quarter. Brighton Jones LLC now owns 2,798,216 shares of the company’s stock valued at $74,377,000 after buying an additional 187,016 shares in the last quarter. TCI Wealth Advisors Inc. raised its position in shares of Dimensional Global Real Estate ETF by 4.9% during the 1st quarter. TCI Wealth Advisors Inc. now owns 2,784,684 shares of the company’s stock worth $74,017,000 after purchasing an additional 130,168 shares during the last quarter. Finally, Summit Financial Strategies Inc. lifted its position in shares of Dimensional Global Real Estate ETF by 15.0% in the third quarter. Summit Financial Strategies Inc. now owns 1,283,775 shares of the company’s stock valued at $34,726,000 after acquiring an additional 167,083 shares in the last quarter.

About Dimensional Global Real Estate ETF

The Dimensional Global Real Estate ETF (DFGR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to hold a diversified selection of US and foreign companies whose principal activities are engaged in the broad real estate sector, while focusing on REITs. Portfolio holdings are weighted by market capitalization. DFGR was launched on Dec 6, 2022 and is managed by Dimensional.