Dimensional US High Profitability ETF (NYSEARCA:DUHP) Hits New 12-Month High – Here’s What Happened

Dimensional US High Profitability ETF (NYSEARCA:DUHP) shares reached a new 52-week high during trading on Monday . The stock traded as high as $38.99 and last traded at $38.9840, with a volume of 440908 shares traded. The stock had previously closed at $38.65.

Dimensional US High Profitability ETF Trading Up 0.8%

The company has a fifty day moving average of $38.23 and a 200-day moving average of $37.56. The stock has a market cap of $10.78 billion, a PE ratio of 24.91 and a beta of 0.97.

Institutional Trading of Dimensional US High Profitability ETF

Hedge funds have recently added to or reduced their stakes in the company. Salomon & Ludwin LLC purchased a new stake in shares of Dimensional US High Profitability ETF in the 3rd quarter valued at approximately $27,000. Geneos Wealth Management Inc. purchased a new position in Dimensional US High Profitability ETF in the fourth quarter valued at $33,000. CX Institutional acquired a new stake in Dimensional US High Profitability ETF in the third quarter valued at $62,000. Optiver Holding B.V. acquired a new stake in Dimensional US High Profitability ETF in the third quarter valued at $63,000. Finally, VSM Wealth Advisory LLC lifted its holdings in Dimensional US High Profitability ETF by 74.4% during the 3rd quarter. VSM Wealth Advisory LLC now owns 1,744 shares of the company’s stock worth $66,000 after buying an additional 744 shares during the last quarter.

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.