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

Dimensional US High Profitability ETF (NYSEARCA:DUHP) shares hit a new 52-week high on Wednesday . The stock traded as high as $41.08 and last traded at $40.97, with a volume of 735618 shares. The stock had previously closed at $40.68.

Dimensional US High Profitability ETF Price Performance

The firm has a market cap of $11.94 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The firm’s 50 day moving average price is $38.69 and its two-hundred day moving average price is $38.47.

Institutional Investors Weigh In On Dimensional US High Profitability ETF

A number of hedge funds have recently added to or reduced their stakes in DUHP. Security Financial Services INC. increased its holdings in Dimensional US High Profitability ETF by 1.8% in the first quarter. Security Financial Services INC. now owns 194,945 shares of the company’s stock valued at $7,166,000 after buying an additional 3,362 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new position in shares of Dimensional US High Profitability ETF during the 1st quarter worth approximately $409,000. Bank of America Corp DE increased its stake in shares of Dimensional US High Profitability ETF by 6.5% during the 1st quarter. Bank of America Corp DE now owns 1,426,163 shares of the company’s stock worth $52,426,000 after purchasing an additional 87,514 shares in the last quarter. MSA Advisors LLC purchased a new stake in Dimensional US High Profitability ETF in the 1st quarter worth approximately $1,975,000. Finally, Empire Financial Management Company LLC grew its stake in Dimensional US High Profitability ETF by 2.6% in the 1st quarter. Empire Financial Management Company LLC now owns 20,909 shares of the company’s stock worth $769,000 after acquiring an additional 524 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.