Forum Financial Management LP Has $304.91 Million Stake in Dimensional US High Profitability ETF $DUHP

Forum Financial Management LP lifted its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 6.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 8,017,707 shares of the company’s stock after acquiring an additional 472,714 shares during the period. Dimensional US High Profitability ETF comprises about 4.0% of Forum Financial Management LP’s holdings, making the stock its 8th biggest position. Forum Financial Management LP’s holdings in Dimensional US High Profitability ETF were worth $304,913,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Salomon & Ludwin LLC bought a new stake in shares of Dimensional US High Profitability ETF in the third quarter valued at about $27,000. CX Institutional bought a new stake in shares of Dimensional US High Profitability ETF in the third quarter valued at about $62,000. Optiver Holding B.V. bought a new stake in shares of Dimensional US High Profitability ETF in the third quarter valued at about $63,000. VSM Wealth Advisory LLC lifted its stake in shares of Dimensional US High Profitability ETF by 74.4% in the third quarter. VSM Wealth Advisory LLC now owns 1,744 shares of the company’s stock valued at $66,000 after buying an additional 744 shares during the period. Finally, Huntington National Bank bought a new stake in shares of Dimensional US High Profitability ETF in the third quarter valued at about $84,000.

Dimensional US High Profitability ETF Stock Performance

NYSEARCA DUHP opened at $39.40 on Friday. The firm has a 50-day simple moving average of $38.15 and a 200 day simple moving average of $38.10. Dimensional US High Profitability ETF has a twelve month low of $30.29 and a twelve month high of $39.64. The stock has a market cap of $11.30 billion, a PE ratio of 24.91 and a beta of 0.97.

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.