Dimensional US High Profitability ETF (NYSEARCA:DUHP) Hits New 1-Year High – What’s Next?

Dimensional US High Profitability ETF (NYSEARCA:DUHP) 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 trading hands. The stock had previously closed at $42.53.

Dimensional US High Profitability ETF Stock Up 0.4%

The company’s 50 day moving average price is $41.45 and its 200-day moving average price is $39.77. The stock has a market cap of $12.72 billion, a P/E ratio of 24.91 and a beta of 0.94.

Institutional Trading of Dimensional US High Profitability ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC grew its position in shares of Dimensional US High Profitability ETF by 99.7% in the 1st quarter. AQR Capital Management LLC now owns 25,580 shares of the company’s stock valued at $848,000 after buying an additional 12,771 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of Dimensional US High Profitability ETF in the second quarter valued at about $302,000. Flow Traders U.S. LLC bought a new position in shares of Dimensional US High Profitability ETF during the second quarter worth about $418,000. Sei Investments Co. bought a new position in shares of Dimensional US High Profitability ETF during the second quarter worth about $739,000. Finally, Quantinno Capital Management LP acquired a new position in shares of Dimensional US High Profitability ETF in the second quarter worth approximately $1,057,000.

About Dimensional US High Profitability ETF

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.