JP Wealth Management Inc. Buys New Position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

JP Wealth Management Inc. acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) during the fourth quarter, Holdings Channel reports. The fund acquired 838,892 shares of the company’s stock, valued at approximately $29,017,000. Dimensional U.S. Core Equity 2 ETF accounts for approximately 21.2% of JP Wealth Management Inc.’s portfolio, making the stock its largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of DFAC. Renaissance Technologies LLC bought a new position in Dimensional U.S. Core Equity 2 ETF in the 2nd quarter worth about $632,000. AQR Capital Management LLC grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 62.6% in the 2nd quarter. AQR Capital Management LLC now owns 125,395 shares of the company’s stock worth $4,043,000 after buying an additional 48,278 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF during the second quarter valued at about $268,000. New Capital Management LP grew its holdings in Dimensional U.S. Core Equity 2 ETF by 5.8% in the third quarter. New Capital Management LP now owns 2,958,467 shares of the company’s stock worth $101,446,000 after purchasing an additional 163,341 shares during the period. Finally, Lakeridge Wealth Management LLC increased its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 10.0% in the 3rd quarter. Lakeridge Wealth Management LLC now owns 96,453 shares of the company’s stock worth $3,307,000 after purchasing an additional 8,777 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Trading Down 2.4 %

DFAC opened at $35.10 on Monday. The company has a market cap of $30.42 billion, a price-to-earnings ratio of 19.03 and a beta of 1.00. Dimensional U.S. Core Equity 2 ETF has a 12-month low of $29.24 and a 12-month high of $36.66. The company’s 50 day moving average is $35.52 and its 200 day moving average is $34.44.

Dimensional U.S. Core Equity 2 ETF Company Profile

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.