Dimensional US High Profitability ETF (NYSEARCA:DUHP) Sets New 52-Week High – Should You Buy?

Dimensional US High Profitability ETF (NYSEARCA:DUHPGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $42.77 and last traded at $42.73, with a volume of 36623 shares. The stock had previously closed at $42.53.

Dimensional US High Profitability ETF Stock Down 0.2%

The company has a market capitalization of $12.75 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The business’s 50-day moving average is $41.52 and its 200-day moving average is $39.82.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

A number of institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC boosted its stake in shares of Dimensional US High Profitability ETF by 99.7% in the first quarter. AQR Capital Management LLC now owns 25,580 shares of the company’s stock worth $848,000 after buying an additional 12,771 shares during the last quarter. Cetera Investment Advisers acquired a new position in Dimensional US High Profitability ETF in the second quarter valued at approximately $302,000. Flow Traders U.S. LLC acquired a new position in Dimensional US High Profitability ETF in the second quarter valued at approximately $418,000. Sei Investments Co. purchased a new stake in Dimensional US High Profitability ETF in the 2nd quarter worth approximately $739,000. Finally, Quantinno Capital Management LP purchased a new stake in Dimensional US High Profitability ETF in the 2nd quarter worth approximately $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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