Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) Sets New 12-Month High – Should You Buy?

Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) reached 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. The stock had previously closed at $37.43.

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

The firm has a 50-day moving average of $36.66 and a 200-day moving average of $34.98. The stock has a market cap of $12.06 billion, a PE ratio of 14.59 and a beta of 0.75.

Institutional Investors Weigh In On Dimensional World ex U.S. Core Equity 2 ETF

A number of institutional investors have recently added to or reduced their stakes in DFAX. Longview Financial Advisors Inc. bought a new position in shares of Dimensional World ex U.S. Core Equity 2 ETF in the 1st quarter valued at about $26,000. Ascentis Independent Advisors bought a new position in shares of Dimensional World ex U.S. Core Equity 2 ETF in the 1st quarter valued at about $32,000. IFC & Insurance Marketing Inc. bought a new position in shares of Dimensional World ex U.S. Core Equity 2 ETF in the 4th quarter valued at about $33,000. Fifth Third Bancorp lifted its holdings in shares of Dimensional World ex U.S. Core Equity 2 ETF by 1,391.7% in the 3rd quarter. Fifth Third Bancorp now owns 1,074 shares of the company’s stock valued at $34,000 after acquiring an additional 1,002 shares during the last quarter. Finally, Arax Advisory Partners purchased a new stake in Dimensional World ex U.S. Core Equity 2 ETF during the 4th quarter valued at $41,000.

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.