Dimensional US High Profitability ETF (NYSEARCA:DUHP) Sees Large Volume Increase

Dimensional US High Profitability ETF (NYSEARCA:DUHP) saw strong trading volume on Friday . 2,160,373 shares were traded during mid-day trading, an increase of 154% from the previous session’s volume of 848,876 shares.The stock last traded at $29.74 and had previously closed at $29.87.

Dimensional US High Profitability ETF Price Performance

The company has a market capitalization of $4.95 billion, a price-to-earnings ratio of 21.23 and a beta of 0.98. The business’s 50 day simple moving average is $30.77 and its 200 day simple moving average is $28.61.

Institutional Trading of Dimensional US High Profitability ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Column Capital Advisors LLC increased its holdings in shares of Dimensional US High Profitability ETF by 47.2% in the third quarter. Column Capital Advisors LLC now owns 1,465 shares of the company’s stock valued at $38,000 after purchasing an additional 470 shares during the period. Comerica Bank lifted its holdings in shares of Dimensional US High Profitability ETF by 71.7% during the fourth quarter. Comerica Bank now owns 1,468 shares of the company’s stock worth $42,000 after purchasing an additional 613 shares during the period. Lowe Wealth Advisors LLC purchased a new position in Dimensional US High Profitability ETF in the 4th quarter valued at $51,000. Harbour Investments Inc. acquired a new position in Dimensional US High Profitability ETF in the 1st quarter valued at $51,000. Finally, CWM LLC purchased a new position in Dimensional US High Profitability ETF during the 3rd quarter worth $62,000.

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.