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

Shares of Dimensional US High Profitability ETF (NYSEARCA:DUHPGet Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $41.87 and last traded at $41.87, with a volume of 274858 shares trading hands. The stock had previously closed at $41.70.

Dimensional US High Profitability ETF Stock Performance

The business has a fifty day simple moving average of $40.77 and a 200 day simple moving average of $39.20. The stock has a market cap of $12.37 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94.

Institutional Trading of Dimensional US High Profitability ETF

A number of hedge funds have recently bought and sold shares of DUHP. AQR Capital Management LLC raised its stake in Dimensional US High Profitability ETF by 99.7% during the first quarter. AQR Capital Management LLC now owns 25,580 shares of the company’s stock worth $848,000 after purchasing an additional 12,771 shares during the period. Cetera Investment Advisers acquired a new stake in shares of Dimensional US High Profitability ETF during the 2nd quarter worth $302,000. Flow Traders U.S. LLC purchased a new position in shares of Dimensional US High Profitability ETF in the 2nd quarter worth $418,000. Sei Investments Co. purchased a new position in shares of Dimensional US High Profitability ETF in the 2nd quarter worth $739,000. Finally, Quantinno Capital Management LP purchased a new position in shares of Dimensional US High Profitability ETF in the 2nd quarter worth $1,057,000.

About Dimensional US High Profitability ETF

(Get Free Report)

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.

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