Dimensional US High Profitability ETF $DUHP Shares Acquired by Parkshore Wealth Management Inc.

Parkshore Wealth Management Inc. grew its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 16.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 270,975 shares of the company’s stock after buying an additional 38,228 shares during the period. Dimensional US High Profitability ETF accounts for 3.9% of Parkshore Wealth Management Inc.’s investment portfolio, making the stock its 7th largest holding. Parkshore Wealth Management Inc. owned about 0.10% of Dimensional US High Profitability ETF worth $10,305,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Dimensional US High Profitability ETF by 6.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 42,604,612 shares of the company’s stock valued at $1,609,176,000 after buying an additional 2,484,185 shares in the last quarter. Focus Partners Wealth boosted its stake in Dimensional US High Profitability ETF by 3.3% during the 3rd quarter. Focus Partners Wealth now owns 18,587,943 shares of the company’s stock worth $702,455,000 after purchasing an additional 585,098 shares during the period. Forum Financial Management LP boosted its stake in Dimensional US High Profitability ETF by 6.3% during the 4th quarter. Forum Financial Management LP now owns 8,017,707 shares of the company’s stock worth $304,913,000 after purchasing an additional 472,714 shares during the period. Pure Financial Advisors LLC boosted its stake in Dimensional US High Profitability ETF by 9.0% during the 4th quarter. Pure Financial Advisors LLC now owns 7,550,120 shares of the company’s stock worth $287,131,000 after purchasing an additional 622,880 shares during the period. Finally, Allworth Financial LP boosted its stake in Dimensional US High Profitability ETF by 5.0% during the 4th quarter. Allworth Financial LP now owns 3,109,379 shares of the company’s stock worth $118,250,000 after purchasing an additional 147,923 shares during the period.

Dimensional US High Profitability ETF Price Performance

Shares of NYSEARCA:DUHP opened at $40.68 on Friday. The stock has a market cap of $11.78 billion, a P/E ratio of 24.91 and a beta of 0.94. The firm has a fifty day moving average price of $38.43 and a 200 day moving average price of $38.37. Dimensional US High Profitability ETF has a 1-year low of $33.45 and a 1-year high of $40.81.

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.