Dimensional US High Profitability ETF (NYSEARCA:DUHP) Reaches New 12-Month High – What’s Next?

Dimensional US High Profitability ETF (NYSEARCA:DUHP) shares hit a new 52-week high on Wednesday . The stock traded as high as $41.08 and last traded at $40.97, with a volume of 735618 shares traded. The stock had previously closed at $40.68.

Dimensional US High Profitability ETF Trading Up 0.7%

The stock has a market capitalization of $11.86 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The stock has a 50-day moving average price of $38.56 and a 200 day moving average price of $38.42.

Institutional Investors Weigh In On Dimensional US High Profitability ETF

A number of institutional investors have recently modified their holdings of DUHP. AQR Capital Management LLC grew its position in shares of Dimensional US High Profitability ETF by 99.7% during the 1st quarter. AQR Capital Management LLC now owns 25,580 shares of the company’s stock valued at $848,000 after acquiring 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 valued at about $302,000. Flow Traders U.S. LLC acquired a new stake in shares of Dimensional US High Profitability ETF during the 2nd quarter valued at about $418,000. Sei Investments Co. acquired a new stake in shares of Dimensional US High Profitability ETF during the 2nd quarter valued at about $739,000. Finally, Quantinno Capital Management LP acquired a new stake in shares of Dimensional US High Profitability ETF during the 2nd quarter valued at about $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.