Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Hits New 12-Month High – Time to Buy?

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) reached a new 52-week high on Monday . The company traded as high as $71.19 and last traded at $71.05, with a volume of 12488 shares. The stock had previously closed at $69.99.

Dimensional U.S. Small Cap ETF Price Performance

The firm has a market capitalization of $9.19 billion, a PE ratio of 12.98 and a beta of 1.13. The company has a 50-day moving average price of $65.81 and a 200-day moving average price of $63.08.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Truvestments Capital LLC purchased a new stake in shares of Dimensional U.S. Small Cap ETF in the third quarter valued at $38,000. EdgeRock Capital LLC purchased a new stake in Dimensional U.S. Small Cap ETF in the 2nd quarter valued at about $58,000. Hobbs Group Advisors LLC acquired a new position in shares of Dimensional U.S. Small Cap ETF during the 3rd quarter valued at about $62,000. O Shaughnessy Asset Management LLC lifted its holdings in shares of Dimensional U.S. Small Cap ETF by 251.4% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,114 shares of the company’s stock worth $69,000 after acquiring an additional 797 shares during the period. Finally, Northwest Investment Counselors LLC acquired a new stake in shares of Dimensional U.S. Small Cap ETF in the third quarter worth approximately $70,000.

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.