Global Trust Asset Management LLC Cuts Holdings in Dimensional US High Profitability ETF $DUHP

Global Trust Asset Management LLC decreased its holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 58.0% in the fourth quarter, Holdings Channel reports. The firm owned 12,722 shares of the company’s stock after selling 17,555 shares during the quarter. Global Trust Asset Management LLC’s holdings in Dimensional US High Profitability ETF were worth $484,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of DUHP. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Dimensional US High Profitability ETF by 6.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 42,604,612 shares of the company’s stock valued at $1,609,176,000 after purchasing an additional 2,484,185 shares in the last quarter. Focus Partners Wealth increased its holdings in Dimensional US High Profitability ETF by 3.3% in the 3rd quarter. Focus Partners Wealth now owns 18,587,943 shares of the company’s stock worth $702,455,000 after buying an additional 585,098 shares in the last quarter. Forum Financial Management LP raised its position in Dimensional US High Profitability ETF by 5.2% in the 3rd quarter. Forum Financial Management LP now owns 7,544,993 shares of the company’s stock worth $284,974,000 after buying an additional 375,593 shares during the last quarter. Pure Financial Advisors LLC raised its position in Dimensional US High Profitability ETF by 8.8% in the 3rd quarter. Pure Financial Advisors LLC now owns 6,927,240 shares of the company’s stock worth $261,642,000 after buying an additional 561,873 shares during the last quarter. Finally, Foster Group Inc. lifted its stake in Dimensional US High Profitability ETF by 3.7% during the 4th quarter. Foster Group Inc. now owns 2,973,774 shares of the company’s stock valued at $113,093,000 after acquiring an additional 106,711 shares during the period.

Dimensional US High Profitability ETF Price Performance

Shares of NYSEARCA DUHP opened at $37.00 on Friday. The firm’s 50-day moving average price is $38.27 and its 200-day moving average price is $38.05. The company has a market cap of $10.52 billion, a PE ratio of 24.91 and a beta of 0.97. Dimensional US High Profitability ETF has a 52-week low of $28.68 and a 52-week high of $39.64.

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.