Dimensional International Value ETF (NYSEARCA:DFIV) Shares Break Below Fifty Day Moving Average – What’s Next?

Dimensional International Value ETF (NYSEARCA:DFIV)’s share price crossed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $56.72 and traded as low as $56.59. Dimensional International Value ETF shares last traded at $56.70, with a volume of 1,975,489 shares changing hands.

Dimensional International Value ETF Trading Down 0.2%

The firm’s fifty day moving average price is $56.72 and its 200-day moving average price is $55.53. The firm has a market cap of $22.39 billion, a price-to-earnings ratio of 12.72 and a beta of 0.67.

Hedge Funds Weigh In On Dimensional International Value ETF

Several hedge funds have recently made changes to their positions in the company. Libra Wealth LLC purchased a new stake in shares of Dimensional International Value ETF in the 3rd quarter valued at about $203,000. Jackson Thornton Wealth Management LLC increased its position in Dimensional International Value ETF by 1.0% during the third quarter. Jackson Thornton Wealth Management LLC now owns 1,626,137 shares of the company’s stock worth $90,836,000 after buying an additional 15,908 shares during the period. Whittier Trust Co. increased its position in Dimensional International Value ETF by 0.5% during the third quarter. Whittier Trust Co. now owns 119,764 shares of the company’s stock worth $6,637,000 after buying an additional 586 shares during the period. Beta Wealth Group Inc. purchased a new stake in Dimensional International Value ETF in the third quarter valued at approximately $501,000. Finally, Private Advisor Group LLC purchased a new stake in Dimensional International Value ETF in the third quarter valued at approximately $21,918,000.

Dimensional International Value ETF Company Profile

The Dimensional International Value ETF (DFIV) is an exchange-traded fund that is based on the MSCI World ex USA (net div.) index. The fund is an actively managed fund that provides exposure to large value stocks from developed markets while minimizing federal taxes on performance returns. DFIV was launched on Apr 16, 1999 and is managed by Dimensional.