Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Reaches New 1-Year High – Should You Buy?

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $37.15 and last traded at $37.1210, with a volume of 88435 shares. The stock had previously closed at $37.00.

Dimensional International Core Equity Market ETF Stock Performance

The firm has a market capitalization of $12.12 billion, a P/E ratio of 15.89 and a beta of 0.78. The business has a 50 day simple moving average of $36.42 and a two-hundred day simple moving average of $35.05.

Hedge Funds Weigh In On Dimensional International Core Equity Market ETF

Institutional investors have recently modified their holdings of the company. Hantz Financial Services Inc. bought a new position in shares of Dimensional International Core Equity Market ETF during the 2nd quarter valued at $29,000. Steigerwald Gordon & Koch Inc. bought a new position in Dimensional International Core Equity Market ETF during the 3rd quarter worth approximately $44,000. Bellevue Asset Management LLC purchased a new position in Dimensional International Core Equity Market ETF in the 2nd quarter worth approximately $46,000. Bessemer Group Inc. bought a new position in shares of Dimensional International Core Equity Market ETF in the second quarter worth approximately $46,000. Finally, Wealth Preservation Advisors LLC bought a new stake in Dimensional International Core Equity Market ETF in the 1st quarter worth $55,000.

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.