Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) Hits New 1-Year High – Should You Buy?

Shares of Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) hit a new 52-week high during trading on Monday . The company traded as high as $38.45 and last traded at $38.06, with a volume of 38774 shares traded. The stock had previously closed at $37.43.

Dimensional World ex U.S. Core Equity 2 ETF Stock Performance

The company has a 50-day moving average price of $36.81 and a 200-day moving average price of $35.06. The firm has a market capitalization of $11.98 billion, a P/E ratio of 14.59 and a beta of 0.75.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of DFAX. Fifth Third Bancorp increased its holdings in Dimensional World ex U.S. Core Equity 2 ETF by 38,910.8% during the first quarter. Fifth Third Bancorp now owns 3,513,309 shares of the company’s stock worth $119,347,000 after buying an additional 3,504,303 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 970.0% during the 4th quarter. Captrust Financial Advisors now owns 2,898,200 shares of the company’s stock worth $94,858,000 after acquiring an additional 2,627,345 shares during the period. Jane Street Group LLC boosted its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 645.5% during the 2nd quarter. Jane Street Group LLC now owns 2,917,896 shares of the company’s stock worth $85,699,000 after acquiring an additional 2,526,482 shares during the period. Factory Mutual Insurance Co. boosted its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 68.0% during the 3rd quarter. Factory Mutual Insurance Co. now owns 4,806,630 shares of the company’s stock worth $150,832,000 after acquiring an additional 1,946,150 shares during the period. Finally, Mars Jewett Financial Group Inc. bought a new position in shares of Dimensional World ex U.S. Core Equity 2 ETF during the 4th quarter worth approximately $52,572,000.

Dimensional World ex U.S. Core Equity 2 ETF Company Profile

The Dimensional World ex U.S. Core Equity 2 ETF (DFAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in non-US companies around the globe, with a focus on small- cap stocks. DFAX was launched on Mar 6, 2008 and is managed by Dimensional.