Factor Wealth Management LTD Reduces Position in Dimensional U.S. Small Cap ETF $DFAS

Factor Wealth Management LTD trimmed its position in Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) by 4.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 226,612 shares of the company’s stock after selling 11,554 shares during the quarter. Dimensional U.S. Small Cap ETF makes up 2.8% of Factor Wealth Management LTD’s investment portfolio, making the stock its 11th largest position. Factor Wealth Management LTD’s holdings in Dimensional U.S. Small Cap ETF were worth $18,659,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Ascentis Independent Advisors acquired a new position in shares of Dimensional U.S. Small Cap ETF during the first quarter worth $28,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Dimensional U.S. Small Cap ETF in the fourth quarter valued at $33,000. Vestwell Advisors LLC acquired a new stake in Dimensional U.S. Small Cap ETF in the first quarter valued at $37,000. Flagship Harbor Advisors LLC acquired a new stake in Dimensional U.S. Small Cap ETF in the fourth quarter valued at $39,000. Finally, Rothschild Investment LLC purchased a new stake in Dimensional U.S. Small Cap ETF during the 4th quarter worth about $41,000.

Dimensional U.S. Small Cap ETF Price Performance

Shares of NYSEARCA DFAS opened at $82.72 on Friday. The business has a 50-day moving average of $80.65 and a two-hundred day moving average of $76.76. The company has a market capitalization of $15.60 billion, a price-to-earnings ratio of 15.89 and a beta of 1.02. Dimensional U.S. Small Cap ETF has a 1 year low of $64.05 and a 1 year high of $84.11.

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.