Dimensional US High Profitability ETF (NYSEARCA:DUHP) Hits New 12-Month High – Time to Buy?

Dimensional US High Profitability ETF (NYSEARCA:DUHP) hit a new 52-week high during trading on Tuesday . The stock traded as high as $38.83 and last traded at $38.7850, with a volume of 61241 shares. The stock had previously closed at $38.66.

Dimensional US High Profitability ETF Trading Up 0.5%

The company has a market capitalization of $10.72 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97. The business’s 50 day moving average price is $38.15 and its two-hundred day moving average price is $37.51.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. LRI Investments LLC boosted its holdings in shares of Dimensional US High Profitability ETF by 2.7% during the 3rd quarter. LRI Investments LLC now owns 11,650 shares of the company’s stock valued at $440,000 after acquiring an additional 308 shares in the last quarter. Geneos Wealth Management Inc. raised its position in Dimensional US High Profitability ETF by 5.2% in the second quarter. Geneos Wealth Management Inc. now owns 7,278 shares of the company’s stock valued at $259,000 after purchasing an additional 361 shares during the last quarter. Tcfg Wealth Management LLC boosted its stake in shares of Dimensional US High Profitability ETF by 1.4% during the third quarter. Tcfg Wealth Management LLC now owns 27,415 shares of the company’s stock valued at $1,035,000 after purchasing an additional 381 shares in the last quarter. Cary Street Partners Financial LLC grew its holdings in shares of Dimensional US High Profitability ETF by 2.8% during the third quarter. Cary Street Partners Financial LLC now owns 14,809 shares of the company’s stock worth $559,000 after purchasing an additional 401 shares during the last quarter. Finally, Integrated Advisors Network LLC increased its stake in shares of Dimensional US High Profitability ETF by 1.5% in the third quarter. Integrated Advisors Network LLC now owns 27,559 shares of the company’s stock valued at $1,041,000 after buying an additional 402 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.