Renasant Bank Makes New $898,000 Investment in Dimensional US High Profitability ETF $DUHP

Renasant Bank purchased a new stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 21,513 shares of the company’s stock, valued at approximately $898,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Wealth Watch Advisors INC acquired a new position in shares of Dimensional US High Profitability ETF in the 4th quarter worth approximately $30,000. Smartleaf Asset Management LLC increased its holdings in Dimensional US High Profitability ETF by 44.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock valued at $33,000 after purchasing an additional 260 shares during the last quarter. Trust Co. of Vermont acquired a new stake in Dimensional US High Profitability ETF in the 2nd quarter valued at approximately $36,000. Rothschild Investment LLC purchased a new stake in Dimensional US High Profitability ETF in the fourth quarter valued at approximately $42,000. Finally, Archer Investment Corp purchased a new stake in Dimensional US High Profitability ETF in the first quarter valued at approximately $45,000.

Dimensional US High Profitability ETF Stock Down 0.3%

NYSEARCA:DUHP opened at $42.22 on Tuesday. The stock’s fifty day moving average is $41.81 and its two-hundred day moving average is $40.10. Dimensional US High Profitability ETF has a 52 week low of $35.69 and a 52 week high of $42.90. The stock has a market capitalization of $12.58 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94.

Dimensional US High Profitability ETF 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.