Petersen Hastings Wealth Advisors Inc. Invests $39.27 Million in Dimensional International High Profitability ETF $DIHP

Petersen Hastings Wealth Advisors Inc. bought a new position in Dimensional International High Profitability ETF (BATS:DIHP) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,240,129 shares of the company’s stock, valued at approximately $39,269,000. Dimensional International High Profitability ETF comprises about 3.8% of Petersen Hastings Wealth Advisors Inc.’s portfolio, making the stock its 11th largest position. Petersen Hastings Wealth Advisors Inc. owned approximately 0.88% of Dimensional International High Profitability ETF as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. RHL Group LLC purchased a new stake in shares of Dimensional International High Profitability ETF during the fourth quarter valued at $40,000. Global Retirement Partners LLC bought a new position in Dimensional International High Profitability ETF in the fourth quarter valued at about $84,000. Operose Advisors LLC lifted its holdings in Dimensional International High Profitability ETF by 783.4% in the fourth quarter. Operose Advisors LLC now owns 3,251 shares of the company’s stock valued at $103,000 after acquiring an additional 2,883 shares during the period. Allworth Financial LP bought a new position in Dimensional International High Profitability ETF in the third quarter valued at about $117,000. Finally, US Bancorp DE bought a new position in Dimensional International High Profitability ETF in the third quarter valued at about $117,000.

Dimensional International High Profitability ETF Stock Performance

DIHP stock opened at $34.37 on Friday. Dimensional International High Profitability ETF has a fifty-two week low of $28.53 and a fifty-two week high of $35.31. The business’s 50-day moving average is $33.57 and its two-hundred day moving average is $32.95. The company has a market cap of $4.83 billion, a price-to-earnings ratio of 17.57 and a beta of 0.90.

Dimensional International High Profitability ETF Company Profile

The Dimensional International High Profitability ETF (DIHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of non-US large-cap stocks from developed markets, actively selected based on perceived higher profitability relative to other large-cap companies in the same countries or region. DIHP was launched on Mar 23, 2022 and is managed by Dimensional.