Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Hits New 52-Week High at $62.22

Shares of Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $62.22 and last traded at $62.09, with a volume of 19888 shares trading hands. The stock had previously closed at $62.02.

Dimensional U.S. Small Cap ETF Stock Performance

The stock has a market cap of $6.54 billion, a price-to-earnings ratio of 11.16 and a beta of 0.97. The company’s 50 day simple moving average is $59.42 and its two-hundred day simple moving average is $56.01.

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

A number of hedge funds have recently added to or reduced their stakes in DFAS. Quad Cities Investment Group LLC raised its holdings in Dimensional U.S. Small Cap ETF by 22.7% during the 3rd quarter. Quad Cities Investment Group LLC now owns 6,776 shares of the company’s stock worth $356,000 after buying an additional 1,253 shares during the period. Lincoln National Corp grew its position in shares of Dimensional U.S. Small Cap ETF by 7.6% during the 3rd quarter. Lincoln National Corp now owns 4,516 shares of the company’s stock worth $237,000 after buying an additional 318 shares during the period. Moneta Group Investment Advisors LLC grew its position in Dimensional U.S. Small Cap ETF by 23.4% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 16,265 shares of the company’s stock valued at $854,000 after purchasing an additional 3,080 shares during the period. Pathstone Family Office LLC raised its stake in shares of Dimensional U.S. Small Cap ETF by 1,727.5% during the 3rd quarter. Pathstone Family Office LLC now owns 369,982 shares of the company’s stock worth $19,420,000 after purchasing an additional 349,737 shares during the period. Finally, Sageworth Trust Co of South Dakota bought a new stake in Dimensional U.S. Small Cap ETF in the 3rd quarter valued at about $956,000.

About Dimensional U.S. Small Cap ETF

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.