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

Shares of Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $27.43 and last traded at $27.38, with a volume of 89141 shares. The stock had previously closed at $26.85.

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

The company has a market capitalization of $7.98 billion, a PE ratio of 13.58 and a beta of 0.76. The company has a 50 day simple moving average of $26.13 and a 200 day simple moving average of $25.78.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DFAX. KM Capital Management Ltd. raised its stake in Dimensional World ex U.S. Core Equity 2 ETF by 1.3% during the 1st quarter. KM Capital Management Ltd. now owns 39,630 shares of the company’s stock worth $1,038,000 after acquiring an additional 497 shares in the last quarter. HTG Investment Advisors Inc. grew its holdings in shares of Dimensional World ex U.S. Core Equity 2 ETF by 1.1% during the first quarter. HTG Investment Advisors Inc. now owns 624,979 shares of the company’s stock worth $16,374,000 after purchasing an additional 6,762 shares during the last quarter. MB Generational Wealth LLC increased its position in shares of Dimensional World ex U.S. Core Equity 2 ETF by 6.1% during the first quarter. MB Generational Wealth LLC now owns 9,643 shares of the company’s stock worth $253,000 after purchasing an additional 552 shares in the last quarter. Financial Alternatives Inc increased its position in shares of Dimensional World ex U.S. Core Equity 2 ETF by 6.8% during the first quarter. Financial Alternatives Inc now owns 21,982 shares of the company’s stock worth $576,000 after purchasing an additional 1,400 shares in the last quarter. Finally, Schwarz Dygos Wheeler Investment Advisors LLC lifted its holdings in shares of Dimensional World ex U.S. Core Equity 2 ETF by 9.2% in the 1st quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 33,522 shares of the company’s stock valued at $878,000 after purchasing an additional 2,819 shares during the last quarter.

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.