Mattern Capital Management LLC Invests $306,000 in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Mattern Capital Management LLC purchased a new stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) in the 3rd quarter, Holdings Channel reports. The firm purchased 8,971 shares of the company’s stock, valued at approximately $306,000.

Several other hedge funds have also added to or reduced their stakes in DUHP. Abich Financial Wealth Management LLC acquired a new position in shares of Dimensional US High Profitability ETF in the second quarter valued at approximately $32,000. Asset Dedication LLC bought a new stake in shares of Dimensional US High Profitability ETF in the third quarter valued at about $40,000. Fairscale Capital LLC bought a new position in shares of Dimensional US High Profitability ETF during the second quarter worth about $52,000. CWM LLC acquired a new stake in Dimensional US High Profitability ETF in the 2nd quarter valued at approximately $66,000. Finally, Lynx Investment Advisory acquired a new position in Dimensional US High Profitability ETF during the 2nd quarter worth approximately $83,000.

Dimensional US High Profitability ETF Stock Down 0.2 %

NYSEARCA DUHP opened at $34.20 on Friday. The firm’s 50 day moving average is $33.76 and its 200-day moving average is $32.30. The company has a market capitalization of $5.89 billion, a PE ratio of 21.58 and a beta of 0.92. Dimensional US High Profitability ETF has a 12-month low of $24.69 and a 12-month high of $35.00.

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.