Sequoia Financial Advisors LLC Cuts Stake in Dimensional International High Profitability ETF $DIHP

Sequoia Financial Advisors LLC lessened its stake in shares of Dimensional International High Profitability ETF (BATS:DIHP) by 0.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,261,652 shares of the company’s stock after selling 21,816 shares during the quarter. Dimensional International High Profitability ETF accounts for 0.9% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 27th biggest position. Sequoia Financial Advisors LLC owned 3.74% of Dimensional International High Profitability ETF worth $179,554,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of DIHP. Rogco LP purchased a new position in Dimensional International High Profitability ETF in the 2nd quarter worth approximately $26,000. Bayban purchased a new stake in shares of Dimensional International High Profitability ETF during the first quarter valued at approximately $36,000. RHL Group LLC acquired a new stake in Dimensional International High Profitability ETF during the 4th quarter valued at $40,000. Assetmark Inc. increased its stake in Dimensional International High Profitability ETF by 1,537.2% during the 1st quarter. Assetmark Inc. now owns 1,277 shares of the company’s stock worth $41,000 after buying an additional 1,199 shares during the period. Finally, Arax Advisory Partners purchased a new stake in Dimensional International High Profitability ETF during the 4th quarter worth $40,000.

Dimensional International High Profitability ETF Price Performance

Shares of DIHP stock opened at $34.71 on Thursday. The company’s fifty day moving average price is $34.78 and its two-hundred day moving average price is $34.04. The firm has a market capitalization of $4.88 billion, a P/E ratio of 17.57 and a beta of 0.90. Dimensional International High Profitability ETF has a 12 month low of $29.84 and a 12 month high of $35.88.

Dimensional International High Profitability ETF 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.