Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Hits New 52-Week High – What’s Next?

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $44.81 and last traded at $44.79, with a volume of 51549 shares changing hands. The stock had previously closed at $44.49.

Dimensional U.S. Core Equity 2 ETF Stock Up 1.1%

The company has a market cap of $48.42 billion, a price-to-earnings ratio of 20.75 and a beta of 0.98. The stock’s 50-day simple moving average is $44.12 and its 200 day simple moving average is $42.05.

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

Several large investors have recently made changes to their positions in the stock. Turning Point Benefit Group Inc. purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF during the 3rd quarter worth approximately $31,000. Measured Wealth Private Client Group LLC acquired a new stake in Dimensional U.S. Core Equity 2 ETF in the 4th quarter valued at approximately $32,000. Longview Financial Advisors Inc. purchased a new stake in Dimensional U.S. Core Equity 2 ETF in the first quarter valued at approximately $34,000. Quattro Advisors LLC purchased a new stake in Dimensional U.S. Core Equity 2 ETF in the fourth quarter valued at approximately $34,000. Finally, 1620 Investment Advisors Inc. acquired a new position in Dimensional U.S. Core Equity 2 ETF during the fourth quarter worth $41,000.

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.