Sequoia Financial Advisors LLC Has $32.61 Million Stake in Dimensional US High Profitability ETF $DUHP

Sequoia Financial Advisors LLC lessened its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 10.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 917,089 shares of the company’s stock after selling 110,107 shares during the quarter. Sequoia Financial Advisors LLC owned approximately 0.37% of Dimensional US High Profitability ETF worth $32,612,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in DUHP. Index Fund Advisors Inc. grew its position in Dimensional US High Profitability ETF by 9.4% in the second quarter. Index Fund Advisors Inc. now owns 50,713 shares of the company’s stock worth $1,803,000 after acquiring an additional 4,364 shares in the last quarter. G2 Capital Management LLC OH grew its position in Dimensional US High Profitability ETF by 304.7% in the second quarter. G2 Capital Management LLC OH now owns 495,200 shares of the company’s stock worth $17,609,000 after acquiring an additional 372,828 shares in the last quarter. LRI Investments LLC grew its position in Dimensional US High Profitability ETF by 15.7% in the second quarter. LRI Investments LLC now owns 11,342 shares of the company’s stock worth $403,000 after acquiring an additional 1,537 shares in the last quarter. Sovereign Financial Group Inc. bought a new stake in Dimensional US High Profitability ETF in the second quarter worth approximately $256,000. Finally, Blue Trust Inc. grew its position in Dimensional US High Profitability ETF by 3.5% in the second quarter. Blue Trust Inc. now owns 109,057 shares of the company’s stock worth $3,878,000 after acquiring an additional 3,654 shares in the last quarter.

Dimensional US High Profitability ETF Stock Down 2.2%

DUHP stock opened at $37.18 on Monday. The company has a market capitalization of $9.65 billion, a price-to-earnings ratio of 24.91 and a beta of 0.98. Dimensional US High Profitability ETF has a 12 month low of $28.68 and a 12 month high of $38.34. The firm has a 50 day moving average of $37.11 and a two-hundred day moving average of $35.10.

Dimensional US High Profitability ETF Company 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.