Shore Point Advisors LLC Has $6.11 Million Holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Shore Point Advisors LLC grew its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 2,037.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 180,862 shares of the company’s stock after acquiring an additional 172,399 shares during the period. Dimensional US High Profitability ETF comprises 3.3% of Shore Point Advisors LLC’s portfolio, making the stock its 7th biggest holding. Shore Point Advisors LLC’s holdings in Dimensional US High Profitability ETF were worth $6,111,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of DUHP. Investmark Advisory Group LLC raised its position in shares of Dimensional US High Profitability ETF by 0.5% in the third quarter. Investmark Advisory Group LLC now owns 90,873 shares of the company’s stock worth $3,096,000 after buying an additional 459 shares in the last quarter. Index Fund Advisors Inc. increased its stake in Dimensional US High Profitability ETF by 2.9% in the 3rd quarter. Index Fund Advisors Inc. now owns 25,377 shares of the company’s stock worth $865,000 after acquiring an additional 712 shares during the last quarter. Glassy Mountain Advisors Inc. raised its holdings in shares of Dimensional US High Profitability ETF by 11.4% in the 3rd quarter. Glassy Mountain Advisors Inc. now owns 8,810 shares of the company’s stock valued at $300,000 after acquiring an additional 899 shares in the last quarter. Fortitude Family Office LLC boosted its position in shares of Dimensional US High Profitability ETF by 33.7% during the 4th quarter. Fortitude Family Office LLC now owns 3,573 shares of the company’s stock valued at $121,000 after acquiring an additional 900 shares during the last quarter. Finally, Summit Wealth Partners LLC boosted its position in shares of Dimensional US High Profitability ETF by 6.2% during the 3rd quarter. Summit Wealth Partners LLC now owns 15,692 shares of the company’s stock valued at $535,000 after acquiring an additional 911 shares during the last quarter.

Dimensional US High Profitability ETF Trading Up 0.5 %

DUHP stock opened at $34.42 on Monday. The company’s 50 day moving average is $34.59 and its 200 day moving average is $33.74. The stock has a market cap of $5.93 billion, a price-to-earnings ratio of 21.58 and a beta of 0.92. Dimensional US High Profitability ETF has a 1-year low of $28.43 and a 1-year high of $35.79.

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.