Dimensional US High Profitability ETF (NYSEARCA:DUHP) Reaches New 12-Month High at $32.38

Dimensional US High Profitability ETF (NYSEARCA:DUHP) shares reached a new 52-week high on Tuesday . The company traded as high as $32.38 and last traded at $32.35, with a volume of 191265 shares traded. The stock had previously closed at $32.31.

Dimensional US High Profitability ETF Trading Up 0.3 %

The company has a market capitalization of $5.58 billion, a price-to-earnings ratio of 21.58 and a beta of 0.92. The firm’s fifty day simple moving average is $30.90 and its two-hundred day simple moving average is $30.08.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

Large investors have recently made changes to their positions in the stock. Mercer Global Advisors Inc. ADV increased its stake in Dimensional US High Profitability ETF by 18.1% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 16,755,035 shares of the company’s stock worth $430,437,000 after buying an additional 2,570,634 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Dimensional US High Profitability ETF by 14.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 19,800,335 shares of the company’s stock valued at $566,488,000 after purchasing an additional 2,496,403 shares during the last quarter. Alesco Advisors LLC purchased a new stake in shares of Dimensional US High Profitability ETF in the 4th quarter valued at approximately $66,181,000. Corient Private Wealth LLC increased its position in shares of Dimensional US High Profitability ETF by 205.4% in the 4th quarter. Corient Private Wealth LLC now owns 2,706,611 shares of the company’s stock valued at $77,436,000 after purchasing an additional 1,820,225 shares during the last quarter. Finally, DiNuzzo Private Wealth Inc. purchased a new stake in shares of Dimensional US High Profitability ETF in the 4th quarter valued at approximately $38,016,000.

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.