NewEdge Advisors LLC Sells 50,703 Shares of Dimensional US High Profitability ETF $DUHP

NewEdge Advisors LLC decreased its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 9.6% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 480,081 shares of the company’s stock after selling 50,703 shares during the period. NewEdge Advisors LLC’s holdings in Dimensional US High Profitability ETF were worth $17,648,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Wealth Watch Advisors INC acquired a new stake in Dimensional US High Profitability ETF during the 4th quarter worth about $30,000. Smartleaf Asset Management LLC lifted its stake in shares of Dimensional US High Profitability ETF by 44.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock valued at $33,000 after purchasing an additional 260 shares during the period. Geneos Wealth Management Inc. bought a new stake in shares of Dimensional US High Profitability ETF during the 4th quarter valued at about $33,000. Rothschild Investment LLC bought a new stake in shares of Dimensional US High Profitability ETF during the 4th quarter valued at about $42,000. Finally, Archer Investment Corp acquired a new stake in Dimensional US High Profitability ETF during the first quarter worth approximately $45,000.

Dimensional US High Profitability ETF Price Performance

NYSEARCA DUHP opened at $42.52 on Friday. The stock has a market capitalization of $12.67 billion, a P/E ratio of 24.91 and a beta of 0.94. The business has a 50 day simple moving average of $41.39 and a 200 day simple moving average of $39.67. Dimensional US High Profitability ETF has a one year low of $35.69 and a one year high of $42.76.

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.