Dimensional International High Profitability ETF (BATS:DIHP) Hits New 52-Week High – Time to Buy?

Shares of Dimensional International High Profitability ETF (BATS:DIHP) reached a new 52-week high on Tuesday . The stock traded as high as $34.81 and last traded at $34.73, with a volume of 678309 shares. The stock had previously closed at $34.70.

Dimensional International High Profitability ETF Stock Performance

The firm has a market capitalization of $4.93 billion, a P/E ratio of 17.57 and a beta of 0.90. The stock has a 50 day moving average of $33.10 and a 200-day moving average of $31.49.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DIHP. First Citizens Bank & Trust Co. bought a new stake in shares of Dimensional International High Profitability ETF in the 3rd quarter worth approximately $558,000. Exencial Wealth Advisors LLC grew its holdings in shares of Dimensional International High Profitability ETF by 12.8% during the 3rd quarter. Exencial Wealth Advisors LLC now owns 463,370 shares of the company’s stock valued at $14,086,000 after purchasing an additional 52,687 shares during the last quarter. Financial Consulate Inc. raised its position in Dimensional International High Profitability ETF by 41.7% in the 3rd quarter. Financial Consulate Inc. now owns 1,179,624 shares of the company’s stock worth $35,855,000 after purchasing an additional 347,006 shares during the period. Discipline Wealth Solutions LLC lifted its stake in Dimensional International High Profitability ETF by 452.0% in the third quarter. Discipline Wealth Solutions LLC now owns 37,863 shares of the company’s stock worth $1,151,000 after purchasing an additional 31,004 shares during the last quarter. Finally, Sequoia Financial Advisors LLC boosted its position in Dimensional International High Profitability ETF by 11.3% during the third quarter. Sequoia Financial Advisors LLC now owns 4,879,012 shares of the company’s stock valued at $148,298,000 after buying an additional 494,735 shares during the period.

Dimensional International High Profitability ETF Company Profile

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.