Sequoia Financial Advisors LLC Trims Holdings in Dimensional US High Profitability ETF $DUHP

Sequoia Financial Advisors LLC lowered its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 7.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 853,367 shares of the company’s stock after selling 71,935 shares during the period. Sequoia Financial Advisors LLC owned 0.31% of Dimensional US High Profitability ETF worth $32,454,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Ponta Wealth Partners LLC acquired a new stake in shares of Dimensional US High Profitability ETF during the fourth quarter worth about $973,000. RFG Advisory LLC raised its stake in Dimensional US High Profitability ETF by 0.9% during the 4th quarter. RFG Advisory LLC now owns 337,701 shares of the company’s stock valued at $12,843,000 after acquiring an additional 2,878 shares during the last quarter. Riverchase Wealth Management LLC raised its stake in Dimensional US High Profitability ETF by 0.4% during the 4th quarter. Riverchase Wealth Management LLC now owns 325,446 shares of the company’s stock valued at $12,377,000 after acquiring an additional 1,139 shares during the last quarter. TCI Wealth Advisors Inc. lifted its position in Dimensional US High Profitability ETF by 22.1% during the 4th quarter. TCI Wealth Advisors Inc. now owns 2,192,684 shares of the company’s stock worth $83,388,000 after acquiring an additional 397,607 shares during the period. Finally, LVZ Inc. lifted its position in Dimensional US High Profitability ETF by 1.5% during the 4th quarter. LVZ Inc. now owns 1,819,770 shares of the company’s stock worth $69,206,000 after acquiring an additional 26,525 shares during the period.

Dimensional US High Profitability ETF Trading Up 1.3%

Shares of DUHP stock opened at $39.85 on Thursday. The company has a market capitalization of $11.54 billion, a P/E ratio of 24.91 and a beta of 0.94. The business’s 50 day moving average is $38.17 and its two-hundred day moving average is $38.21. Dimensional US High Profitability ETF has a twelve month low of $32.66 and a twelve month high of $39.89.

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.