Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) Hits New 52-Week High – Still a Buy?

Shares of Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) reached a new 52-week high on Friday . The company traded as high as $36.68 and last traded at $36.6050, with a volume of 517257 shares. The stock had previously closed at $36.26.

Dimensional World ex U.S. Core Equity 2 ETF Trading Up 1.2%

The firm has a fifty day simple moving average of $34.23 and a 200 day simple moving average of $32.37. The stock has a market cap of $11.40 billion, a price-to-earnings ratio of 14.59 and a beta of 0.74.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of DFAX. Focus Partners Wealth increased its holdings in Dimensional World ex U.S. Core Equity 2 ETF by 6.5% in the 3rd quarter. Focus Partners Wealth now owns 10,975,329 shares of the company’s stock valued at $344,410,000 after buying an additional 668,899 shares during the period. Geometric Wealth Advisors boosted its position in shares of Dimensional World ex U.S. Core Equity 2 ETF by 0.8% during the 4th quarter. Geometric Wealth Advisors now owns 7,348,368 shares of the company’s stock valued at $240,512,000 after acquiring an additional 57,353 shares in the last quarter. Allworth Financial LP increased its stake in Dimensional World ex U.S. Core Equity 2 ETF by 9.3% in the third quarter. Allworth Financial LP now owns 6,861,971 shares of the company’s stock valued at $215,329,000 after acquiring an additional 581,087 shares during the period. Monograph Wealth Advisors LLC raised its position in Dimensional World ex U.S. Core Equity 2 ETF by 1.5% in the fourth quarter. Monograph Wealth Advisors LLC now owns 6,060,776 shares of the company’s stock worth $198,369,000 after purchasing an additional 91,583 shares in the last quarter. Finally, Great Waters Wealth Management lifted its stake in Dimensional World ex U.S. Core Equity 2 ETF by 6.8% during the fourth quarter. Great Waters Wealth Management now owns 4,847,406 shares of the company’s stock worth $158,656,000 after purchasing an additional 310,432 shares during the period.

About Dimensional World ex U.S. Core Equity 2 ETF

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.