Envestnet Asset Management Inc. Purchases 825,053 Shares of Dimensional International Core Equity Market ETF (NYSEARCA:DFAI)

Envestnet Asset Management Inc. increased its position in Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) by 98.0% during the second quarter, Holdings Channel reports. The firm owned 1,667,071 shares of the company’s stock after buying an additional 825,053 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Dimensional International Core Equity Market ETF were worth $49,462,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of DFAI. Silver Lake Advisory LLC bought a new stake in shares of Dimensional International Core Equity Market ETF in the 2nd quarter valued at about $46,364,000. Pure Financial Advisors LLC raised its holdings in shares of Dimensional International Core Equity Market ETF by 183.9% in the 2nd quarter. Pure Financial Advisors LLC now owns 2,292,311 shares of the company’s stock valued at $68,013,000 after purchasing an additional 1,484,995 shares during the period. Apollon Wealth Management LLC raised its holdings in shares of Dimensional International Core Equity Market ETF by 3,812.1% in the 2nd quarter. Apollon Wealth Management LLC now owns 966,878 shares of the company’s stock valued at $28,687,000 after purchasing an additional 942,163 shares during the period. Kestra Advisory Services LLC raised its holdings in shares of Dimensional International Core Equity Market ETF by 119.1% in the 1st quarter. Kestra Advisory Services LLC now owns 1,528,175 shares of the company’s stock valued at $46,181,000 after purchasing an additional 830,797 shares during the period. Finally, LRI Investments LLC bought a new stake in shares of Dimensional International Core Equity Market ETF in the 1st quarter valued at about $24,450,000.

Dimensional International Core Equity Market ETF Stock Performance

Shares of DFAI stock opened at $30.99 on Thursday. The stock has a market cap of $6.02 billion, a price-to-earnings ratio of 13.93 and a beta of 0.83. Dimensional International Core Equity Market ETF has a 52-week low of $24.83 and a 52-week high of $31.66. The firm’s 50-day moving average is $30.53 and its 200-day moving average is $30.19.

Dimensional International Core Equity Market ETF Company Profile

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.