Root Financial Partners LLC Raises Stake in Dimensional US High Profitability ETF $DUHP

Root Financial Partners LLC boosted its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 40.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,094,980 shares of the company’s stock after purchasing an additional 315,744 shares during the period. Dimensional US High Profitability ETF accounts for approximately 2.1% of Root Financial Partners LLC’s portfolio, making the stock its 11th biggest position. Root Financial Partners LLC’s holdings in Dimensional US High Profitability ETF were worth $41,642,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV boosted its position in Dimensional US High Profitability ETF by 6.2% in 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 buying an additional 2,484,185 shares during the last quarter. Focus Partners Wealth lifted its position in shares of Dimensional US High Profitability ETF by 3.3% during the 3rd quarter. Focus Partners Wealth now owns 18,587,943 shares of the company’s stock valued at $702,455,000 after buying an additional 585,098 shares in the last quarter. Forum Financial Management LP lifted its position in shares of Dimensional US High Profitability ETF by 6.3% during the 4th quarter. Forum Financial Management LP now owns 8,017,707 shares of the company’s stock valued at $304,913,000 after buying an additional 472,714 shares in the last quarter. Pure Financial Advisors LLC lifted its position in shares of Dimensional US High Profitability ETF by 9.0% during the 4th quarter. Pure Financial Advisors LLC now owns 7,550,120 shares of the company’s stock valued at $287,131,000 after buying an additional 622,880 shares in the last quarter. Finally, Allworth Financial LP lifted its position in shares of Dimensional US High Profitability ETF by 5.0% during the 4th quarter. Allworth Financial LP now owns 3,109,379 shares of the company’s stock valued at $118,250,000 after buying an additional 147,923 shares in the last quarter.

Dimensional US High Profitability ETF Price Performance

Shares of NYSEARCA:DUHP opened at $41.43 on Tuesday. Dimensional US High Profitability ETF has a 1 year low of $33.97 and a 1 year high of $41.49. The firm has a market capitalization of $11.99 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The business’s 50 day moving average price is $38.86 and its 200-day moving average price is $38.52.

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.