Morse Asset Management Inc Makes New $79,000 Investment in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Morse Asset Management Inc bought a new stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,351 shares of the company’s stock, valued at approximately $79,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of DUHP. Envestnet Asset Management Inc. boosted its stake in Dimensional US High Profitability ETF by 3.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 38,231,301 shares of the company’s stock worth $1,291,836,000 after purchasing an additional 1,310,704 shares during the period. Adero Partners LLC increased its position in shares of Dimensional US High Profitability ETF by 2.5% during the fourth quarter. Adero Partners LLC now owns 6,907,324 shares of the company’s stock worth $233,398,000 after purchasing an additional 170,221 shares in the last quarter. Pure Financial Advisors LLC raised its stake in Dimensional US High Profitability ETF by 18.0% in the fourth quarter. Pure Financial Advisors LLC now owns 5,461,842 shares of the company’s stock valued at $184,556,000 after buying an additional 833,291 shares during the last quarter. Corient Private Wealth LLC boosted its stake in Dimensional US High Profitability ETF by 27.1% in the 4th quarter. Corient Private Wealth LLC now owns 2,752,703 shares of the company’s stock worth $93,014,000 after purchasing an additional 586,886 shares in the last quarter. Finally, Focus Partners Wealth increased its position in shares of Dimensional US High Profitability ETF by 12.4% in the 4th quarter. Focus Partners Wealth now owns 2,612,433 shares of the company’s stock valued at $88,274,000 after acquiring an additional 287,809 shares during the period.

Dimensional US High Profitability ETF Trading Up 0.4%

Shares of NYSEARCA:DUHP opened at $34.14 on Wednesday. Dimensional US High Profitability ETF has a 12-month low of $28.68 and a 12-month high of $35.83. The business has a 50 day moving average of $32.42 and a two-hundred day moving average of $33.92. The company has a market capitalization of $7.87 billion, a PE ratio of 24.99 and a beta of 0.99.

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.