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

Dimensional US High Profitability ETF (NYSEARCA:DUHPGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $38.79 and last traded at $38.73, with a volume of 1121844 shares changing hands. The stock had previously closed at $38.64.

Dimensional US High Profitability ETF Price Performance

The firm has a market cap of $10.57 billion, a P/E ratio of 24.91 and a beta of 0.97. The business’s 50-day moving average is $37.94 and its two-hundred day moving average is $37.31.

Institutional Trading of Dimensional US High Profitability ETF

A number of hedge funds and other institutional investors have recently modified their holdings of DUHP. Legacy Financial Group Inc. raised its holdings in shares of Dimensional US High Profitability ETF by 2.7% during the 2nd quarter. Legacy Financial Group Inc. now owns 448,307 shares of the company’s stock worth $15,942,000 after buying an additional 11,995 shares in the last quarter. Beacon Pointe Advisors LLC grew its position in Dimensional US High Profitability ETF by 3.5% in the second quarter. Beacon Pointe Advisors LLC now owns 905,461 shares of the company’s stock valued at $32,198,000 after acquiring an additional 30,588 shares during the last quarter. Emprise Bank acquired a new position in Dimensional US High Profitability ETF during the third quarter worth about $528,000. Daner Wealth Management LLC acquired a new position in Dimensional US High Profitability ETF during the second quarter worth about $1,728,000. Finally, ARK & TLK Investments LLC lifted its holdings in shares of Dimensional US High Profitability ETF by 56.0% in the second quarter. ARK & TLK Investments LLC now owns 14,618 shares of the company’s stock worth $520,000 after acquiring an additional 5,250 shares during the last quarter.

About Dimensional US High Profitability ETF

(Get Free Report)

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.

Further Reading

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