Intelligence Driven Advisers LLC Lowers Stock Holdings in Dimensional US High Profitability ETF $DUHP

Intelligence Driven Advisers LLC lessened its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 18.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 109,730 shares of the company’s stock after selling 24,240 shares during the quarter. Dimensional US High Profitability ETF makes up about 0.6% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 20th biggest position. Intelligence Driven Advisers LLC’s holdings in Dimensional US High Profitability ETF were worth $4,145,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in DUHP. Envestnet Asset Management Inc. lifted its position in Dimensional US High Profitability ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 36,539,311 shares of the company’s stock worth $1,299,338,000 after buying an additional 1,507,394 shares during the period. Forum Financial Management LP increased its stake in shares of Dimensional US High Profitability ETF by 5.2% during the 3rd quarter. Forum Financial Management LP now owns 7,544,993 shares of the company’s stock valued at $284,974,000 after acquiring an additional 375,593 shares during the last quarter. Pure Financial Advisors LLC boosted its position in shares of Dimensional US High Profitability ETF by 8.8% in the third quarter. Pure Financial Advisors LLC now owns 6,927,240 shares of the company’s stock worth $261,642,000 after acquiring an additional 561,873 shares during the last quarter. Corient Private Wealth LLC boosted its position in shares of Dimensional US High Profitability ETF by 0.8% in the second quarter. Corient Private Wealth LLC now owns 2,899,446 shares of the company’s stock worth $103,104,000 after acquiring an additional 24,421 shares during the last quarter. Finally, Foster Group Inc. grew its holdings in Dimensional US High Profitability ETF by 38.2% in the third quarter. Foster Group Inc. now owns 2,867,063 shares of the company’s stock valued at $108,289,000 after purchasing an additional 791,821 shares during the period.

Dimensional US High Profitability ETF Stock Performance

Shares of DUHP stock opened at $39.25 on Monday. The firm has a market capitalization of $11.12 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97. Dimensional US High Profitability ETF has a one year low of $28.68 and a one year high of $39.64. The company has a 50 day moving average price of $38.56 and a 200 day moving average price of $37.86.

About Dimensional US High Profitability ETF

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.