Dimensional US High Profitability ETF (NYSEARCA:DUHP) Reaches New 52-Week High – What’s Next?

Dimensional US High Profitability ETF (NYSEARCA:DUHP) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $41.87 and last traded at $41.87, with a volume of 274858 shares traded. The stock had previously closed at $41.70.

Dimensional US High Profitability ETF Trading Up 0.4%

The stock’s fifty day moving average is $40.83 and its 200 day moving average is $39.22. The company has a market capitalization of $12.40 billion, a P/E ratio of 24.91 and a beta of 0.94.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

Hedge funds have recently modified their holdings of the company. G2 Capital Management LLC OH raised its stake in Dimensional US High Profitability ETF by 3.6% in the fourth quarter. G2 Capital Management LLC OH now owns 537,497 shares of the company’s stock worth $20,441,000 after buying an additional 18,660 shares in the last quarter. Foundation Wealth Management LLC PA boosted its position in Dimensional US High Profitability ETF by 17.1% during the 4th quarter. Foundation Wealth Management LLC PA now owns 332,563 shares of the company’s stock valued at $12,647,000 after acquiring an additional 48,518 shares in the last quarter. Fulton Bank N.A. grew its holdings in shares of Dimensional US High Profitability ETF by 7.3% during the 4th quarter. Fulton Bank N.A. now owns 1,036,856 shares of the company’s stock worth $39,432,000 after acquiring an additional 70,373 shares during the period. Prime Capital Investment Advisors LLC purchased a new position in shares of Dimensional US High Profitability ETF during the 4th quarter worth approximately $597,000. Finally, Shore Point Advisors LLC raised its position in shares of Dimensional US High Profitability ETF by 23.2% in the 4th quarter. Shore Point Advisors LLC now owns 192,296 shares of the company’s stock worth $7,313,000 after acquiring an additional 36,162 shares in the last quarter.

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.