Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Hits New 1-Year High – What’s Next?

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $79.46 and last traded at $79.46, with a volume of 16562 shares. The stock had previously closed at $78.03.

Dimensional U.S. Small Cap ETF Stock Performance

The firm’s 50-day simple moving average is $76.06 and its 200 day simple moving average is $73.66. The stock has a market capitalization of $14.08 billion, a P/E ratio of 15.89 and a beta of 1.02.

Institutional Investors Weigh In On Dimensional U.S. Small Cap ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Creative Planning raised its holdings in shares of Dimensional U.S. Small Cap ETF by 12.1% in the 3rd quarter. Creative Planning now owns 22,684,991 shares of the company’s stock valued at $1,553,014,000 after purchasing an additional 2,456,531 shares during the period. Northern Trust Corp raised its holdings in shares of Dimensional U.S. Small Cap ETF by 0.3% in the 4th quarter. Northern Trust Corp now owns 8,102,950 shares of the company’s stock valued at $564,533,000 after purchasing an additional 23,636 shares during the period. Bank of America Corp DE raised its holdings in shares of Dimensional U.S. Small Cap ETF by 6.3% in the 3rd quarter. Bank of America Corp DE now owns 6,609,555 shares of the company’s stock valued at $452,490,000 after purchasing an additional 392,795 shares during the period. Focus Partners Wealth raised its holdings in shares of Dimensional U.S. Small Cap ETF by 3.4% in the 4th quarter. Focus Partners Wealth now owns 3,517,043 shares of the company’s stock valued at $245,032,000 after purchasing an additional 114,288 shares during the period. Finally, Pure Financial Advisors LLC raised its holdings in shares of Dimensional U.S. Small Cap ETF by 5.4% in the 4th quarter. Pure Financial Advisors LLC now owns 3,104,414 shares of the company’s stock valued at $216,285,000 after purchasing an additional 158,090 shares during the period.

Dimensional U.S. Small Cap ETF Company Profile

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.