Dimensional US High Profitability ETF (NYSEARCA:DUHP) Sets New 52-Week High – Should You Buy?

Shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) hit a new 52-week high during trading on Tuesday . The company traded as high as $38.83 and last traded at $38.7850, with a volume of 61241 shares. The stock had previously closed at $38.66.

Dimensional US High Profitability ETF Trading Up 0.5%

The stock has a market capitalization of $10.70 billion, a P/E ratio of 24.91 and a beta of 0.97. The stock’s 50 day simple moving average is $38.09 and its 200 day simple moving average is $37.48.

Institutional Trading of Dimensional US High Profitability ETF

Several large investors have recently added to or reduced their stakes in DUHP. LRI Investments LLC increased its holdings in shares of Dimensional US High Profitability ETF by 2.7% during the third quarter. LRI Investments LLC now owns 11,650 shares of the company’s stock valued at $440,000 after purchasing an additional 308 shares during the period. Geneos Wealth Management Inc. lifted its stake in Dimensional US High Profitability ETF by 5.2% during the second quarter. Geneos Wealth Management Inc. now owns 7,278 shares of the company’s stock valued at $259,000 after purchasing an additional 361 shares during the last quarter. Tcfg Wealth Management LLC lifted its position in shares of Dimensional US High Profitability ETF by 1.4% during the 3rd quarter. Tcfg Wealth Management LLC now owns 27,415 shares of the company’s stock valued at $1,035,000 after acquiring an additional 381 shares during the last quarter. Cary Street Partners Financial LLC grew its holdings in shares of Dimensional US High Profitability ETF by 2.8% in the 3rd quarter. Cary Street Partners Financial LLC now owns 14,809 shares of the company’s stock worth $559,000 after acquiring an additional 401 shares during the last quarter. Finally, Integrated Advisors Network LLC lifted its holdings in shares of Dimensional US High Profitability ETF by 1.5% during the third quarter. Integrated Advisors Network LLC now owns 27,559 shares of the company’s stock valued at $1,041,000 after purchasing an additional 402 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.