Dimensional US High Profitability ETF (NYSEARCA:DUHP) Sets New 52-Week High – Here’s Why

Dimensional US High Profitability ETF (NYSEARCA:DUHP – Get Free Report) shares reached a new 52-week high on Thursday. The stock traded as high as $43.12 and last traded at $43.1080, with a volume of 46,140 shares. The stock had previously closed at $42.74.

Dimensional US High Profitability ETF Stock Performance

The stock has a market capitalization of $13.08 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The stock has a fifty day simple moving average of $42.27 and a two-hundred day simple moving average of $40.39.

Institutional Trading of Dimensional US High Profitability ETF

Several hedge funds have recently bought and sold shares of the business. M Holdings Securities Inc. raised its holdings in Dimensional US High Profitability ETF by 208.8% in the 2nd quarter. M Holdings Securities Inc. now owns 932,425 shares of the company’s stock worth $41,174,000 after purchasing an additional 630,505 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Dimensional US High Profitability ETF by 12.2% during the second quarter. Envestnet Asset Management Inc. now owns 4,104,606 shares of the company’s stock valued at $171,285,000 after purchasing an additional 447,111 shares during the last quarter. TCI Wealth Advisors Inc. lifted its stake in shares of Dimensional US High Profitability ETF by 14.8% in the 1st quarter. TCI Wealth Advisors Inc. now owns 2,516,301 shares of the company’s stock worth $92,499,000 after purchasing an additional 323,617 shares during the period. HB Wealth Management LLC raised its stake in shares of Dimensional US High Profitability ETF by 12.1% in the second quarter. HB Wealth Management LLC now owns 2,227,918 shares of the company’s stock worth $92,971,000 after buying an additional 240,193 shares during the period. Finally, Apella Capital LLC increased its holdings in Dimensional US High Profitability ETF by 5.9% in the 2nd quarter. Apella Capital LLC now owns 4,123,403 shares of the company’s stock worth $171,121,000 after acquiring an additional 231,456 shares in the last quarter.

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.

See Also

Receive News & Ratings for Dimensional US High Profitability ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dimensional US High Profitability ETF and related companies with MarketBeat.com's FREE daily email newsletter.