Powers Advisory Group LLC Acquires 3,788 Shares of Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS)

Powers Advisory Group LLC increased its holdings in shares of Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) by 23.9% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,633 shares of the company’s stock after purchasing an additional 3,788 shares during the period. Powers Advisory Group LLC’s holdings in Dimensional U.S. Small Cap ETF were worth $1,173,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DFAS. Great Valley Advisor Group Inc. boosted its stake in shares of Dimensional U.S. Small Cap ETF by 589.4% during the fourth quarter. Great Valley Advisor Group Inc. now owns 664,847 shares of the company’s stock valued at $43,268,000 after purchasing an additional 568,413 shares in the last quarter. Wealth Management Nebraska bought a new position in shares of Dimensional U.S. Small Cap ETF during the fourth quarter valued at approximately $36,253,000. Raymond James Financial Inc. bought a new position in shares of Dimensional U.S. Small Cap ETF during the fourth quarter valued at approximately $34,916,000. Northern Trust Corp boosted its stake in shares of Dimensional U.S. Small Cap ETF by 7.4% during the fourth quarter. Northern Trust Corp now owns 7,521,408 shares of the company’s stock valued at $489,493,000 after purchasing an additional 521,107 shares in the last quarter. Finally, Invst LLC boosted its stake in shares of Dimensional U.S. Small Cap ETF by 5,283.6% during the fourth quarter. Invst LLC now owns 268,533 shares of the company’s stock valued at $17,476,000 after purchasing an additional 263,545 shares in the last quarter.

Dimensional U.S. Small Cap ETF Stock Performance

NYSEARCA DFAS opened at $61.66 on Friday. The firm’s 50 day moving average price is $59.54 and its 200-day moving average price is $63.01. Dimensional U.S. Small Cap ETF has a 52-week low of $51.45 and a 52-week high of $71.78. The company has a market cap of $9.84 billion, a PE ratio of 15.67 and a beta of 1.06.

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.