Dimensional US High Profitability ETF (NYSEARCA:DUHP) Reaches New 12-Month High – Here’s What Happened

Shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $41.74 and last traded at $41.72, with a volume of 140693 shares changing hands. The stock had previously closed at $41.05.

Dimensional US High Profitability ETF Trading Down 1.3%

The company has a market capitalization of $11.86 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The firm has a 50-day moving average price of $39.83 and a 200-day moving average price of $38.80.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

Hedge funds have recently modified their holdings of the stock. Wealth Watch Advisors INC acquired a new position in shares of Dimensional US High Profitability ETF in the 4th quarter worth $30,000. Smartleaf Asset Management LLC boosted its position in shares of Dimensional US High Profitability ETF by 44.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock worth $33,000 after buying an additional 260 shares during the period. Geneos Wealth Management Inc. acquired a new stake in shares of Dimensional US High Profitability ETF in the fourth quarter worth $33,000. Rothschild Investment LLC acquired a new stake in shares of Dimensional US High Profitability ETF in the fourth quarter worth $42,000. Finally, Archer Investment Corp acquired a new stake in shares of Dimensional US High Profitability ETF in the first quarter worth $45,000.

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.