JPMorgan Chase & Co. Acquires 45,287 Shares of Dimensional US High Profitability ETF $DUHP

JPMorgan Chase & Co. grew its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 10.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 464,598 shares of the company’s stock after purchasing an additional 45,287 shares during the period. JPMorgan Chase & Co. owned about 0.18% of Dimensional US High Profitability ETF worth $17,107,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. AQR Capital Management LLC grew its position in Dimensional US High Profitability ETF by 99.7% during the first quarter. AQR Capital Management LLC now owns 25,580 shares of the company’s stock worth $848,000 after buying an additional 12,771 shares in the last quarter. Bank of Montreal Can lifted its position in shares of Dimensional US High Profitability ETF by 6.9% during the 2nd quarter. Bank of Montreal Can now owns 2,379,974 shares of the company’s stock valued at $84,632,000 after acquiring an additional 154,445 shares during the period. Robinson Smith Wealth Advisors LLC lifted its position in shares of Dimensional US High Profitability ETF by 17.3% during the 2nd quarter. Robinson Smith Wealth Advisors LLC now owns 89,798 shares of the company’s stock valued at $3,193,000 after acquiring an additional 13,240 shares during the period. Able Wealth Management LLC acquired a new stake in shares of Dimensional US High Profitability ETF during the 2nd quarter worth $215,000. Finally, Summit Wealth Group LLC increased its position in shares of Dimensional US High Profitability ETF by 2.6% in the second quarter. Summit Wealth Group LLC now owns 76,233 shares of the company’s stock worth $2,711,000 after purchasing an additional 1,951 shares during the period.

Dimensional US High Profitability ETF Stock Down 0.9%

DUHP stock opened at $38.87 on Wednesday. Dimensional US High Profitability ETF has a 52 week low of $28.68 and a 52 week high of $39.64. The business has a 50-day simple moving average of $38.72 and a 200 day simple moving average of $37.98. The company has a market cap of $11.02 billion, a PE ratio of 24.91 and a beta of 0.97.

Dimensional US High Profitability ETF 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.