Dimensional US Real Estate ETF (NYSEARCA:DFAR) Share Price Breaks Above 50 Day Moving Average – Time to Sell?

Dimensional US Real Estate ETF (NYSEARCA:DFAR)’s share price crossed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $25.22 and traded as high as $25.38. Dimensional US Real Estate ETF shares last traded at $25.25, with a volume of 1,347,046 shares.

Dimensional US Real Estate ETF Trading Up 0.6%

The firm has a market cap of $1.73 billion, a P/E ratio of 31.45 and a beta of 0.90. The firm has a 50-day simple moving average of $25.22 and a 200-day simple moving average of $25.27.

Institutional Investors Weigh In On Dimensional US Real Estate ETF

A number of hedge funds have recently made changes to their positions in the stock. Fifth Third Bancorp purchased a new position in Dimensional US Real Estate ETF in the first quarter valued at about $28,000. PNC Financial Services Group Inc. lifted its position in shares of Dimensional US Real Estate ETF by 18.1% during the first quarter. PNC Financial Services Group Inc. now owns 6,060 shares of the company’s stock valued at $143,000 after buying an additional 930 shares during the last quarter. 3 Factor Indexing LLC lifted its position in shares of Dimensional US Real Estate ETF by 23.8% during the second quarter. 3 Factor Indexing LLC now owns 6,138 shares of the company’s stock valued at $161,000 after buying an additional 1,179 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Dimensional US Real Estate ETF by 4.6% during the first quarter. Blue Trust Inc. now owns 10,428 shares of the company’s stock valued at $247,000 after buying an additional 460 shares during the last quarter. Finally, Noble Wealth Partners LLC bought a new stake in shares of Dimensional US Real Estate ETF in the 2nd quarter valued at about $274,000.

About Dimensional US Real Estate ETF

The Dimensional US Real Estate ETF (DFAR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to invest in US companies whose principal activities are engaged in the broad real estate sector, including REITs. Portfolio holdings are weighted by market capitalization. DFAR was launched on Feb 23, 2022 and is managed by Dimensional.