SB Capital Management Inc Makes New Investment in Dimensional US High Profitability ETF $DUHP

SB Capital Management Inc bought a new position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 342,515 shares of the company’s stock, valued at approximately $13,026,000. Dimensional US High Profitability ETF makes up approximately 4.8% of SB Capital Management Inc’s investment portfolio, making the stock its 2nd largest position.

Other hedge funds and other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC grew its stake in Dimensional US High Profitability ETF by 99.7% in the 1st quarter. AQR Capital Management LLC now owns 25,580 shares of the company’s stock valued at $848,000 after buying an additional 12,771 shares in the last quarter. Cetera Investment Advisers bought a new stake in Dimensional US High Profitability ETF during the 2nd quarter valued at $302,000. Flow Traders U.S. LLC bought a new stake in Dimensional US High Profitability ETF during the 2nd quarter valued at $418,000. Sei Investments Co. purchased a new stake in shares of Dimensional US High Profitability ETF during the second quarter worth $739,000. Finally, Quantinno Capital Management LP purchased a new stake in shares of Dimensional US High Profitability ETF during the second quarter worth $1,057,000.

Dimensional US High Profitability ETF Price Performance

Dimensional US High Profitability ETF stock opened at $41.35 on Friday. Dimensional US High Profitability ETF has a one year low of $34.33 and a one year high of $41.87. The business has a fifty day moving average price of $40.00 and a 200-day moving average price of $38.85. The firm has a market capitalization of $11.97 billion, a P/E ratio of 24.91 and a beta of 0.94.

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.