Dimensional International High Profitability ETF (BATS:DIHP) Hits New 12-Month High – Here’s Why

Dimensional International High Profitability ETF (BATS:DIHP) shares hit a new 52-week high on Monday . The stock traded as high as $34.24 and last traded at $34.2840, with a volume of 180158 shares. The stock had previously closed at $33.82.

Dimensional International High Profitability ETF Price Performance

The stock’s 50-day moving average price is $32.33 and its 200 day moving average price is $31.04. The firm has a market cap of $4.82 billion, a P/E ratio of 17.57 and a beta of 0.90.

Institutional Investors Weigh In On Dimensional International High Profitability ETF

Hedge funds have recently bought and sold shares of the company. Oakworth Capital Inc. acquired a new position in Dimensional International High Profitability ETF during the third quarter worth approximately $30,000. RHL Group LLC bought a new position in shares of Dimensional International High Profitability ETF during the 4th quarter worth approximately $40,000. Parkworth Wealth Management Inc. acquired a new position in shares of Dimensional International High Profitability ETF during the 2nd quarter worth approximately $55,000. CX Institutional acquired a new position in shares of Dimensional International High Profitability ETF during the 3rd quarter worth approximately $61,000. Finally, American Capital Advisory LLC lifted its holdings in Dimensional International High Profitability ETF by 113.4% during the 3rd quarter. American Capital Advisory LLC now owns 2,719 shares of the company’s stock valued at $83,000 after purchasing an additional 1,445 shares during the last quarter.

About Dimensional International High Profitability ETF

The Dimensional International High Profitability ETF (DIHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of non-US large-cap stocks from developed markets, actively selected based on perceived higher profitability relative to other large-cap companies in the same countries or region. DIHP was launched on Mar 23, 2022 and is managed by Dimensional.