Dimensional US High Profitability ETF $DUHP is Freedom Investment Management Inc.’s Largest Position

Freedom Investment Management Inc. trimmed its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 5.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,380,264 shares of the company’s stock after selling 77,203 shares during the period. Dimensional US High Profitability ETF makes up approximately 15.3% of Freedom Investment Management Inc.’s investment portfolio, making the stock its largest position. Freedom Investment Management Inc.’s holdings in Dimensional US High Profitability ETF were worth $52,491,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of DUHP. AQR Capital Management LLC raised its position in Dimensional US High Profitability ETF by 99.7% during the first quarter. AQR Capital Management LLC now owns 25,580 shares of the company’s stock valued at $848,000 after buying an additional 12,771 shares during the period. Cetera Investment Advisers acquired a new position in Dimensional US High Profitability ETF during the second quarter valued at $302,000. Flow Traders U.S. LLC acquired a new position in Dimensional US High Profitability ETF during the second quarter valued at $418,000. Sei Investments Co. acquired a new position in Dimensional US High Profitability ETF during the second quarter valued at $739,000. Finally, Quantinno Capital Management LP acquired a new position in Dimensional US High Profitability ETF during the second quarter valued at $1,057,000.

Dimensional US High Profitability ETF Trading Up 0.9%

NYSEARCA:DUHP opened at $40.68 on Friday. The firm has a market capitalization of $11.78 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. Dimensional US High Profitability ETF has a 1-year low of $33.45 and a 1-year high of $40.81. The business’s fifty day moving average price is $38.43 and its 200 day moving average price is $38.37.

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.