Acorn Wealth Advisors LLC Purchases 51,269 Shares of Dimensional US High Profitability ETF $DUHP

Acorn Wealth Advisors LLC grew its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 77.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 117,168 shares of the company’s stock after buying an additional 51,269 shares during the period. Dimensional US High Profitability ETF comprises about 1.3% of Acorn Wealth Advisors LLC’s portfolio, making the stock its 14th biggest holding. Acorn Wealth Advisors LLC’s holdings in Dimensional US High Profitability ETF were worth $4,456,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of DUHP. AQR Capital Management LLC boosted its holdings 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 worth $848,000 after buying an additional 12,771 shares during the period. Cetera Investment Advisers bought a new stake in shares of Dimensional US High Profitability ETF during the 2nd quarter worth about $302,000. Flow Traders U.S. LLC bought a new stake in shares of Dimensional US High Profitability ETF during the 2nd quarter worth about $418,000. Sei Investments Co. bought a new stake in shares of Dimensional US High Profitability ETF during the 2nd quarter worth about $739,000. Finally, Quantinno Capital Management LP bought a new stake in shares of Dimensional US High Profitability ETF during the 2nd quarter worth about $1,057,000.

Dimensional US High Profitability ETF Stock Performance

Shares of DUHP stock opened at $41.36 on Friday. The company has a market capitalization of $11.97 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The company has a 50-day simple moving average of $38.78 and a 200 day simple moving average of $38.49. Dimensional US High Profitability ETF has a 52 week low of $33.97 and a 52 week high of $41.46.

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.