Dimensional US High Profitability ETF (NYSEARCA:DUHP) Sets New 12-Month High – Here’s What Happened

Dimensional US High Profitability ETF (NYSEARCA:DUHP) shares hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $43.18 and last traded at $43.1570, with a volume of 57,858 shares changing hands. The stock had previously closed at $42.58.

Dimensional US High Profitability ETF Price Performance

The stock’s 50-day moving average is $42.29 and its 200-day moving average is $40.51. The stock has a market cap of $12.63 billion, a price-to-earnings ratio of 24.91 and a beta of 0.93.

Institutional Investors Weigh In On Dimensional US High Profitability ETF

Several hedge funds have recently made changes to their positions in DUHP. Hilltop Holdings Inc. boosted its stake in shares of Dimensional US High Profitability ETF by 6.0% during the 1st quarter. Hilltop Holdings Inc. now owns 8,256 shares of the company’s stock valued at $303,000 after buying an additional 470 shares during the last quarter. Empire Financial Management Company LLC grew its position in shares of Dimensional US High Profitability ETF by 2.6% during the first quarter. Empire Financial Management Company LLC now owns 20,909 shares of the company’s stock worth $769,000 after buying an additional 524 shares in the last quarter. Torren Management LLC increased its stake in shares of Dimensional US High Profitability ETF by 0.6% in the first quarter. Torren Management LLC now owns 97,852 shares of the company’s stock worth $3,597,000 after buying an additional 559 shares during the last quarter. Vantage Point Financial LLC increased its stake in shares of Dimensional US High Profitability ETF by 1.0% in the first quarter. Vantage Point Financial LLC now owns 70,119 shares of the company’s stock worth $2,578,000 after buying an additional 713 shares during the last quarter. Finally, Quad Cities Investment Group LLC raised its holdings in Dimensional US High Profitability ETF by 6.4% in the second quarter. Quad Cities Investment Group LLC now owns 12,772 shares of the company’s stock valued at $533,000 after acquiring an additional 764 shares in the last quarter.

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.