Dimensional US High Profitability ETF (NYSEARCA:DUHP) Reaches New 52-Week High – Time to Buy?

Shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) reached a new 52-week high during trading on Monday . The company traded as high as $35.45 and last traded at $35.45, with a volume of 1789 shares traded. The stock had previously closed at $35.18.

Dimensional US High Profitability ETF Trading Up 0.2 %

The company has a market cap of $6.08 billion, a PE ratio of 21.58 and a beta of 0.92. The firm’s 50-day simple moving average is $34.31 and its two-hundred day simple moving average is $32.91.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Investmark Advisory Group LLC raised its holdings in shares of Dimensional US High Profitability ETF by 0.5% during the third quarter. Investmark Advisory Group LLC now owns 90,873 shares of the company’s stock worth $3,096,000 after purchasing an additional 459 shares during the last quarter. Aspire Private Capital LLC raised its stake in shares of Dimensional US High Profitability ETF by 7.9% during the 2nd quarter. Aspire Private Capital LLC now owns 7,498 shares of the company’s stock valued at $240,000 after buying an additional 552 shares during the last quarter. Glassy Mountain Advisors Inc. lifted its holdings in shares of Dimensional US High Profitability ETF by 8.3% in the 2nd quarter. Glassy Mountain Advisors Inc. now owns 7,911 shares of the company’s stock valued at $253,000 after buying an additional 605 shares during the period. L & S Advisors Inc boosted its stake in shares of Dimensional US High Profitability ETF by 0.6% in the second quarter. L & S Advisors Inc now owns 108,089 shares of the company’s stock worth $3,458,000 after buying an additional 612 shares during the last quarter. Finally, Global Trust Asset Management LLC grew its holdings in Dimensional US High Profitability ETF by 1.9% during the second quarter. Global Trust Asset Management LLC now owns 35,762 shares of the company’s stock worth $1,144,000 after acquiring an additional 650 shares during the period.

Dimensional US High Profitability ETF Company 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.