Moneta Group Investment Advisors LLC Makes New Investment in Dimensional US High Profitability ETF $DUHP

Moneta Group Investment Advisors LLC purchased a new stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) during the third quarter, HoldingsChannel.com reports. The fund purchased 321,178 shares of the company’s stock, valued at approximately $12,131,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Integrated Wealth Concepts LLC lifted its stake in shares of Dimensional US High Profitability ETF by 1.0% in the third quarter. Integrated Wealth Concepts LLC now owns 496,064 shares of the company’s stock worth $18,736,000 after buying an additional 4,870 shares during the last quarter. Hilltop Holdings Inc. acquired a new position in Dimensional US High Profitability ETF in the 3rd quarter valued at $291,000. Focus Partners Wealth raised its holdings in Dimensional US High Profitability ETF by 3.3% in the 3rd quarter. Focus Partners Wealth now owns 18,587,943 shares of the company’s stock worth $702,455,000 after acquiring an additional 585,098 shares during the period. Bank of America Corp DE raised its holdings in Dimensional US High Profitability ETF by 20.6% in the 3rd quarter. Bank of America Corp DE now owns 1,327,852 shares of the company’s stock worth $50,153,000 after acquiring an additional 226,712 shares during the period. Finally, Argyle Capital Partners LLC lifted its position in Dimensional US High Profitability ETF by 7.9% during the 3rd quarter. Argyle Capital Partners LLC now owns 39,837 shares of the company’s stock worth $1,505,000 after acquiring an additional 2,902 shares during the last quarter.

Dimensional US High Profitability ETF Price Performance

DUHP stock opened at $37.84 on Tuesday. The stock has a market capitalization of $10.72 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97. The company has a 50-day moving average of $38.72 and a two-hundred day moving average of $38.07. Dimensional US High Profitability ETF has a 52-week low of $28.68 and a 52-week high of $39.64.

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.