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 reached a new 52-week high on Thursday . The company traded as high as $42.77 and last traded at $42.73, with a volume of 36623 shares changing hands. The stock had previously closed at $42.53.

Dimensional US High Profitability ETF Stock Performance

The stock has a market cap of $12.72 billion, a P/E ratio of 24.91 and a beta of 0.94. The firm’s fifty day simple moving average is $41.45 and its 200-day simple moving average is $39.77.

Institutional Investors Weigh In On Dimensional US High Profitability ETF

Several large investors have recently modified their holdings of DUHP. Petersen Hastings Wealth Advisors Inc. bought a new position in shares of Dimensional US High Profitability ETF during the 4th quarter worth approximately $108,832,000. Mercer Global Advisors Inc. ADV grew its position in shares of Dimensional US High Profitability ETF by 5.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 44,791,614 shares of the company’s stock worth $1,703,426,000 after buying an additional 2,187,002 shares during the period. Corient Private Wealth LLC increased its stake in shares of Dimensional US High Profitability ETF by 90.6% in the 4th quarter. Corient Private Wealth LLC now owns 3,310,640 shares of the company’s stock valued at $125,482,000 after acquiring an additional 1,573,405 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Dimensional US High Profitability ETF by 5,312.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,456,563 shares of the company’s stock valued at $55,393,000 after acquiring an additional 1,429,651 shares in the last quarter. Finally, Apella Capital LLC lifted its position in shares of Dimensional US High Profitability ETF by 49.8% during the 1st quarter. Apella Capital LLC now owns 3,891,947 shares of the company’s stock valued at $153,343,000 after acquiring an additional 1,293,705 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.