Dimensional US High Profitability ETF (NYSEARCA:DUHP) Hits New 1-Year High – What’s Next?

Dimensional US High Profitability ETF (NYSEARCA:DUHP)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $38.99 and last traded at $38.9840, with a volume of 440908 shares changing hands. The stock had previously closed at $38.65.

Dimensional US High Profitability ETF Price Performance

The firm has a 50-day moving average of $38.30 and a 200 day moving average of $37.61. The company has a market capitalization of $10.72 billion, a PE ratio of 24.91 and a beta of 0.97.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in DUHP. Salomon & Ludwin LLC purchased a new stake in Dimensional US High Profitability ETF in the third quarter worth approximately $27,000. Geneos Wealth Management Inc. bought a new position in shares of Dimensional US High Profitability ETF during the 4th quarter valued at $33,000. CX Institutional purchased a new position in shares of Dimensional US High Profitability ETF in the 3rd quarter worth $62,000. Optiver Holding B.V. purchased a new position in shares of Dimensional US High Profitability ETF in the 3rd quarter worth $63,000. Finally, VSM Wealth Advisory LLC grew its holdings in shares of Dimensional US High Profitability ETF by 74.4% in the third quarter. VSM Wealth Advisory LLC now owns 1,744 shares of the company’s stock worth $66,000 after acquiring an additional 744 shares during the period.

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.