WESCAP Management Group Inc. Lowers Stake in Dimensional US High Profitability ETF $DUHP

WESCAP Management Group Inc. trimmed its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 16.4% during the second quarter, HoldingsChannel.com reports. The firm owned 213,025 shares of the company’s stock after selling 41,742 shares during the quarter. Dimensional US High Profitability ETF comprises 1.7% of WESCAP Management Group Inc.’s investment portfolio, making the stock its 17th biggest position. WESCAP Management Group Inc.’s holdings in Dimensional US High Profitability ETF were worth $7,575,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. increased its position in Dimensional US High Profitability ETF by 4.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 36,539,311 shares of the company’s stock worth $1,299,338,000 after purchasing an additional 1,507,394 shares in the last quarter. Focus Partners Wealth grew its stake in Dimensional US High Profitability ETF by 321.0% during the first quarter. Focus Partners Wealth now owns 10,998,637 shares of the company’s stock worth $364,495,000 after buying an additional 8,386,204 shares during the period. Forum Financial Management LP increased its position in shares of Dimensional US High Profitability ETF by 3.3% in the second quarter. Forum Financial Management LP now owns 7,169,400 shares of the company’s stock worth $254,944,000 after acquiring an additional 231,876 shares in the last quarter. Pure Financial Advisors LLC raised its stake in shares of Dimensional US High Profitability ETF by 3.9% in the 2nd quarter. Pure Financial Advisors LLC now owns 6,365,367 shares of the company’s stock valued at $226,352,000 after acquiring an additional 236,264 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Dimensional US High Profitability ETF by 4.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 2,872,164 shares of the company’s stock valued at $103,972,000 after acquiring an additional 116,457 shares in the last quarter.

Dimensional US High Profitability ETF Trading Up 0.2%

Shares of Dimensional US High Profitability ETF stock opened at $37.47 on Friday. Dimensional US High Profitability ETF has a twelve month low of $28.68 and a twelve month high of $38.60. The stock has a market cap of $9.84 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97. The company has a fifty day moving average price of $37.59 and a 200 day moving average price of $35.98.

Dimensional US High Profitability ETF Company Profile

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.