Dimensional US High Profitability ETF (NYSEARCA:DUHP) Reaches New 12-Month High – What’s Next?

Dimensional US High Profitability ETF (NYSEARCA:DUHP) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $35.45 and last traded at $35.45, with a volume of 1789 shares. The stock had previously closed at $35.18.

Dimensional US High Profitability ETF Trading Up 0.5 %

The firm has a market cap of $6.12 billion, a PE ratio of 21.58 and a beta of 0.92. The company’s 50-day moving average is $34.34 and its 200 day moving average is $32.94.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Comerica Bank boosted its holdings in Dimensional US High Profitability ETF by 345.4% in the 1st quarter. Comerica Bank now owns 6,538 shares of the company’s stock valued at $207,000 after purchasing an additional 5,070 shares during the period. Investmark Advisory Group LLC boosted its stake in Dimensional US High Profitability ETF by 2.9% in the first quarter. Investmark Advisory Group LLC now owns 87,447 shares of the company’s stock worth $2,764,000 after purchasing an additional 2,440 shares in the last quarter. Peninsula Wealth LLC grew its holdings in Dimensional US High Profitability ETF by 2.1% during the 1st quarter. Peninsula Wealth LLC now owns 55,927 shares of the company’s stock worth $1,768,000 after acquiring an additional 1,134 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Dimensional US High Profitability ETF by 66.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 95,054 shares of the company’s stock worth $2,857,000 after buying an additional 37,905 shares in the last quarter. Finally, 25 LLC lifted its position in Dimensional US High Profitability ETF by 17.1% during the 2nd quarter. 25 LLC now owns 19,899 shares of the company’s stock valued at $637,000 after purchasing an additional 2,910 shares during the period.

About Dimensional US High Profitability ETF

The Dimensional US High Profitability ETF (DUHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of large-cap US stocks actively selected based on perceived higher profitability relative to other US large-cap companies. DUHP was launched on Feb 23, 2022 and is managed by Dimensional.