Dimensional US High Profitability ETF (NYSEARCA:DUHP) Hits New 1-Year High – Here’s What Happened

Dimensional US High Profitability ETF (NYSEARCA:DUHP) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $35.01 and last traded at $35.01, with a volume of 23627 shares traded. The stock had previously closed at $34.79.

Dimensional US High Profitability ETF Trading Up 0.8 %

The stock has a market cap of $6.04 billion, a price-to-earnings ratio of 21.58 and a beta of 0.92. The stock’s 50 day moving average is $33.89 and its two-hundred day moving average is $32.51.

Institutional Trading of Dimensional US High Profitability ETF

Several hedge funds have recently made changes to their positions in DUHP. Mercer Global Advisors Inc. ADV boosted its stake in shares of Dimensional US High Profitability ETF by 16.4% in the second quarter. Mercer Global Advisors Inc. ADV now owns 30,626,311 shares of the company’s stock valued at $919,734,000 after buying an additional 4,313,841 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Dimensional US High Profitability ETF by 14.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 29,430,960 shares of the company’s stock worth $941,496,000 after purchasing an additional 3,781,741 shares during the period. Merriman Wealth Management LLC increased its holdings in shares of Dimensional US High Profitability ETF by 1.3% in the 2nd quarter. Merriman Wealth Management LLC now owns 8,211,229 shares of the company’s stock valued at $262,677,000 after purchasing an additional 108,172 shares in the last quarter. Forum Financial Management LP lifted its stake in shares of Dimensional US High Profitability ETF by 2.4% in the third quarter. Forum Financial Management LP now owns 6,842,864 shares of the company’s stock valued at $233,136,000 after purchasing an additional 160,574 shares during the period. Finally, Adero Partners LLC boosted its holdings in Dimensional US High Profitability ETF by 0.9% during the second quarter. Adero Partners LLC now owns 6,751,837 shares of the company’s stock worth $215,991,000 after buying an additional 60,635 shares in the last quarter.

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.