Momentous Wealth Management Inc. Acquires Shares of 734,630 Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

Momentous Wealth Management Inc. bought a new stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 734,630 shares of the company’s stock, valued at approximately $25,411,000. Dimensional U.S. Core Equity 2 ETF accounts for about 21.1% of Momentous Wealth Management Inc.’s investment portfolio, making the stock its largest holding.

A number of other large investors also recently made changes to their positions in the company. Atomi Financial Group Inc. bought a new position in shares of Dimensional U.S. Core Equity 2 ETF during the 4th quarter worth approximately $257,000. JPMorgan Chase & Co. boosted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,528,034 shares of the company’s stock worth $52,396,000 after buying an additional 36,331 shares during the last quarter. Keystone Financial Group Inc. purchased a new stake in Dimensional U.S. Core Equity 2 ETF during the fourth quarter worth about $3,541,000. Jones Financial Companies Lllp raised its position in Dimensional U.S. Core Equity 2 ETF by 45.8% in the fourth quarter. Jones Financial Companies Lllp now owns 26,952 shares of the company’s stock worth $932,000 after acquiring an additional 8,467 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in Dimensional U.S. Core Equity 2 ETF by 10.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 27,494 shares of the company’s stock valued at $951,000 after acquiring an additional 2,664 shares during the last quarter.

Dimensional U.S. Core Equity 2 ETF Stock Up 2.0 %

Shares of DFAC stock opened at $33.96 on Tuesday. The firm has a market cap of $32.20 billion, a P/E ratio of 20.92 and a beta of 1.01. The company has a 50 day moving average of $34.89 and a 200-day moving average of $34.88. Dimensional U.S. Core Equity 2 ETF has a 12-month low of $29.99 and a 12-month high of $36.66.

About Dimensional U.S. Core Equity 2 ETF

The Dimensional U.S. Core Equity 2 ETF (DFAC) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAC was launched on Oct 4, 2007 and is managed by Dimensional.