Dimensional International High Profitability ETF (BATS:DIHP) Hits New 12-Month High – Here’s Why

Shares of Dimensional International High Profitability ETF (BATS:DIHP) reached a new 52-week high during trading on Friday . The stock traded as high as $35.76 and last traded at $35.76, with a volume of 98921 shares traded. The stock had previously closed at $35.47.

Dimensional International High Profitability ETF Stock Performance

The company has a fifty day simple moving average of $34.49 and a two-hundred day simple moving average of $33.93. The company has a market capitalization of $5.02 billion, a price-to-earnings ratio of 17.57 and a beta of 0.90.

Hedge Funds Weigh In On Dimensional International High Profitability ETF

Several institutional investors have recently added to or reduced their stakes in DIHP. Belleair Asset Management LLC purchased a new stake in Dimensional International High Profitability ETF in the 4th quarter valued at about $951,000. RAM Investment Partners LLC increased its stake in shares of Dimensional International High Profitability ETF by 80.8% during the 4th quarter. RAM Investment Partners LLC now owns 35,610 shares of the company’s stock valued at $1,128,000 after acquiring an additional 15,910 shares during the last quarter. Summit Wealth Group LLC Co. purchased a new position in shares of Dimensional International High Profitability ETF during the 4th quarter worth about $852,000. Quadcap Wealth Management LLC lifted its holdings in shares of Dimensional International High Profitability ETF by 10.5% during the 4th quarter. Quadcap Wealth Management LLC now owns 368,012 shares of the company’s stock worth $11,653,000 after acquiring an additional 34,941 shares during the period. Finally, Kane Co Wealth Management Inc. acquired a new stake in shares of Dimensional International High Profitability ETF in the fourth quarter worth approximately $2,413,000.

Dimensional International High Profitability ETF Company Profile

The Dimensional International High Profitability ETF (DIHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of non-US large-cap stocks from developed markets, actively selected based on perceived higher profitability relative to other large-cap companies in the same countries or region. DIHP was launched on Mar 23, 2022 and is managed by Dimensional.