Dimensional US High Profitability ETF $DUHP Stake Lessened by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lessened its holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 91.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,014,081 shares of the company’s stock after selling 33,525,230 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Dimensional US High Profitability ETF were worth $113,842,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. LRI Investments LLC boosted its position in Dimensional US High Profitability ETF by 2.7% during the 3rd quarter. LRI Investments LLC now owns 11,650 shares of the company’s stock worth $440,000 after acquiring an additional 308 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Dimensional US High Profitability ETF by 5.2% during the second quarter. Geneos Wealth Management Inc. now owns 7,278 shares of the company’s stock worth $259,000 after purchasing an additional 361 shares during the period. Samalin Investment Counsel LLC boosted its holdings in shares of Dimensional US High Profitability ETF by 1.6% during the third quarter. Samalin Investment Counsel LLC now owns 29,029 shares of the company’s stock worth $1,096,000 after purchasing an additional 449 shares during the period. Argyle Capital Partners LLC grew its position in Dimensional US High Profitability ETF by 1.3% during the second quarter. Argyle Capital Partners LLC now owns 36,935 shares of the company’s stock valued at $1,313,000 after purchasing an additional 476 shares in the last quarter. Finally, Two West Capital Advisors LLC increased its stake in Dimensional US High Profitability ETF by 0.6% in the 2nd quarter. Two West Capital Advisors LLC now owns 85,433 shares of the company’s stock valued at $3,123,000 after buying an additional 492 shares during the period.

Dimensional US High Profitability ETF Stock Up 2.5%

DUHP stock opened at $39.35 on Friday. The company has a 50 day moving average of $38.33 and a two-hundred day moving average of $37.65. The company has a market cap of $11.15 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97. Dimensional US High Profitability ETF has a 12-month low of $28.68 and a 12-month high of $39.41.

Dimensional US High Profitability ETF 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.