Dimensional US High Profitability ETF (NYSEARCA:DUHP) Hits New 12-Month High – Still a Buy?

Dimensional US High Profitability ETF (NYSEARCA:DUHP) reached a new 52-week high on Thursday . The stock traded as high as $35.01 and last traded at $35.01, with a volume of 23627 shares trading hands. The stock had previously closed at $34.79.

Dimensional US High Profitability ETF Stock Up 0.8 %

The firm has a fifty day moving average of $33.89 and a 200-day moving average of $32.51. The stock has a market capitalization of $6.04 billion, a price-to-earnings ratio of 21.58 and a beta of 0.92.

Institutional Investors Weigh In On Dimensional US High Profitability ETF

Several hedge funds have recently made changes to their positions in the business. Aspire Private Capital LLC boosted its holdings in Dimensional US High Profitability ETF by 7.9% in the second quarter. Aspire Private Capital LLC now owns 7,498 shares of the company’s stock valued at $240,000 after acquiring an additional 552 shares during the last quarter. Glassy Mountain Advisors Inc. lifted its stake in shares of Dimensional US High Profitability ETF by 8.3% in the 2nd quarter. Glassy Mountain Advisors Inc. now owns 7,911 shares of the company’s stock valued at $253,000 after purchasing an additional 605 shares in the last quarter. L & S Advisors Inc grew its holdings in shares of Dimensional US High Profitability ETF by 0.6% during the 2nd quarter. L & S Advisors Inc now owns 108,089 shares of the company’s stock worth $3,458,000 after purchasing an additional 612 shares during the period. Global Trust Asset Management LLC increased its position in Dimensional US High Profitability ETF by 1.9% during the 2nd quarter. Global Trust Asset Management LLC now owns 35,762 shares of the company’s stock worth $1,144,000 after purchasing an additional 650 shares in the last quarter. Finally, Quad Cities Investment Group LLC raised its holdings in Dimensional US High Profitability ETF by 6.4% in the second quarter. Quad Cities Investment Group LLC now owns 11,189 shares of the company’s stock valued at $358,000 after buying an additional 677 shares during the period.

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.