CPA Asset Management Group LLC Lowers Stake in Dimensional US High Profitability ETF $DUHP

CPA Asset Management Group LLC reduced its position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 7.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 393,179 shares of the company’s stock after selling 32,491 shares during the quarter. Dimensional US High Profitability ETF accounts for approximately 5.2% of CPA Asset Management Group LLC’s holdings, making the stock its 5th biggest position. CPA Asset Management Group LLC’s holdings in Dimensional US High Profitability ETF were worth $14,953,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DUHP. Salomon & Ludwin LLC bought a new position in shares of Dimensional US High Profitability ETF in the 3rd quarter worth approximately $27,000. CX Institutional bought a new stake in Dimensional US High Profitability ETF during the third quarter valued at approximately $62,000. Optiver Holding B.V. bought a new stake in Dimensional US High Profitability ETF during the third quarter valued at approximately $63,000. VSM Wealth Advisory LLC increased its holdings in Dimensional US High Profitability ETF by 74.4% during 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 last quarter. Finally, Huntington National Bank purchased a new stake in Dimensional US High Profitability ETF during the third quarter valued at approximately $84,000.

Dimensional US High Profitability ETF Trading Down 1.8%

DUHP opened at $36.46 on Friday. The firm’s 50 day simple moving average is $38.48 and its two-hundred day simple moving average is $38.07. The company has a market capitalization of $10.33 billion, a PE ratio of 24.91 and a beta of 0.97. Dimensional US High Profitability ETF has a 1-year low of $28.68 and a 1-year high of $39.64.

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.