Dimensional US High Profitability ETF (NYSEARCA:DUHP) Sets New 1-Year High – Here’s What Happened

Shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) hit a new 52-week high during trading on Monday . The stock traded as high as $41.74 and last traded at $41.72, with a volume of 140693 shares changing hands. The stock had previously closed at $41.05.

Dimensional US High Profitability ETF Stock Performance

The company has a market cap of $12.08 billion, a PE ratio of 24.91 and a beta of 0.94. The company’s 50-day simple moving average is $39.65 and its 200 day simple moving average is $38.75.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wealth Watch Advisors INC purchased a new position in Dimensional US High Profitability ETF in the 4th quarter valued at approximately $30,000. Smartleaf Asset Management LLC boosted its position in Dimensional US High Profitability ETF by 44.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock valued at $33,000 after buying an additional 260 shares during the period. Geneos Wealth Management Inc. purchased a new position in Dimensional US High Profitability ETF in the 4th quarter valued at approximately $33,000. Rothschild Investment LLC purchased a new position in Dimensional US High Profitability ETF in the 4th quarter valued at approximately $42,000. Finally, Archer Investment Corp purchased a new position in Dimensional US High Profitability ETF in the 1st quarter valued at approximately $45,000.

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.