Dimensional US High Profitability ETF (NYSEARCA:DUHP) Hits New 1-Year High – What’s Next?

Shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) reached a new 52-week high on Monday . The stock traded as high as $39.41 and last traded at $39.3560, with a volume of 1497056 shares. The stock had previously closed at $38.40.

Dimensional US High Profitability ETF Trading Up 0.2%

The firm has a fifty day moving average of $38.33 and a 200 day moving average of $37.65. The company has a market capitalization of $11.18 billion, a P/E ratio of 24.91 and a beta of 0.97.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Navigoe LLC grew its position in Dimensional US High Profitability ETF by 2.4% in the 4th quarter. Navigoe LLC now owns 11,680 shares of the company’s stock worth $444,000 after purchasing an additional 269 shares during the period. Csenge Advisory Group lifted its holdings in shares of Dimensional US High Profitability ETF by 1.9% during the 4th quarter. Csenge Advisory Group now owns 16,457 shares of the company’s stock valued at $626,000 after buying an additional 307 shares during the period. LRI Investments LLC boosted its stake in shares of Dimensional US High Profitability ETF by 2.7% in the 3rd quarter. LRI Investments LLC now owns 11,650 shares of the company’s stock worth $440,000 after buying an additional 308 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Dimensional US High Profitability ETF by 5.2% in the second quarter. Geneos Wealth Management Inc. now owns 7,278 shares of the company’s stock worth $259,000 after acquiring an additional 361 shares during the period. Finally, Tcfg Wealth Management LLC increased its position in Dimensional US High Profitability ETF by 1.4% during the third quarter. Tcfg Wealth Management LLC now owns 27,415 shares of the company’s stock valued at $1,035,000 after acquiring an additional 381 shares during the last quarter.

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.