Dimensional US High Profitability ETF (NYSEARCA:DUHP) Reaches New 1-Year High – Here’s What Happened

Dimensional US High Profitability ETF (NYSEARCA:DUHP) hit a new 52-week high on Friday . The company traded as high as $39.76 and last traded at $38.0860, with a volume of 600 shares trading hands. The stock had previously closed at $38.05.

Dimensional US High Profitability ETF Stock Up 0.4%

The firm has a market capitalization of $10.04 billion, a P/E ratio of 24.91 and a beta of 0.97. The business’s 50 day moving average is $37.78 and its two-hundred day moving average is $36.59.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Salomon & Ludwin LLC bought a new stake in Dimensional US High Profitability ETF during the third quarter worth approximately $27,000. CX Institutional acquired a new position in shares of Dimensional US High Profitability ETF during the 3rd quarter valued at $62,000. Optiver Holding B.V. acquired a new position in shares of Dimensional US High Profitability ETF during the 3rd quarter valued at $63,000. VSM Wealth Advisory LLC raised its stake in shares of Dimensional US High Profitability ETF by 74.4% in the 3rd quarter. VSM Wealth Advisory LLC now owns 1,744 shares of the company’s stock worth $66,000 after buying an additional 744 shares in the last quarter. Finally, Huntington National Bank bought a new stake in shares of Dimensional US High Profitability ETF in the 3rd quarter worth $84,000.

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.