TCI Wealth Advisors Inc. Purchases 377,756 Shares of Dimensional US High Profitability ETF $DUHP

TCI Wealth Advisors Inc. raised its position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 37.4% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,388,309 shares of the company’s stock after purchasing an additional 377,756 shares during the quarter. Dimensional US High Profitability ETF comprises about 3.4% of TCI Wealth Advisors Inc.’s investment portfolio, making the stock its 9th largest position. TCI Wealth Advisors Inc.’s holdings in Dimensional US High Profitability ETF were worth $49,368,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Spire Wealth Management acquired a new stake in Dimensional US High Profitability ETF during the first quarter valued at approximately $462,000. Wealthcare Advisory Partners LLC raised its stake in Dimensional US High Profitability ETF by 8.5% during the first quarter. Wealthcare Advisory Partners LLC now owns 42,998 shares of the company’s stock valued at $1,425,000 after buying an additional 3,376 shares in the last quarter. Atria Wealth Solutions Inc. raised its stake in Dimensional US High Profitability ETF by 1.2% during the first quarter. Atria Wealth Solutions Inc. now owns 27,521 shares of the company’s stock valued at $912,000 after buying an additional 335 shares in the last quarter. Aveo Capital Partners LLC raised its stake in Dimensional US High Profitability ETF by 5.9% during the first quarter. Aveo Capital Partners LLC now owns 358,457 shares of the company’s stock valued at $11,800,000 after buying an additional 19,997 shares in the last quarter. Finally, Cary Street Partners Financial LLC acquired a new stake in Dimensional US High Profitability ETF during the first quarter valued at approximately $306,000.

Dimensional US High Profitability ETF Stock Down 0.6%

Shares of NYSEARCA DUHP opened at $37.20 on Friday. The stock’s 50 day moving average price is $36.77 and its two-hundred day moving average price is $34.73. Dimensional US High Profitability ETF has a 52-week low of $28.68 and a 52-week high of $37.96. The stock has a market capitalization of $9.23 billion, a P/E ratio of 24.91 and a beta of 0.98.

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.