Dimensional US High Profitability ETF (NYSEARCA:DUHP) Sets New 1-Year High – Still a Buy?

Dimensional US High Profitability ETF (NYSEARCA:DUHP)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $41.87 and last traded at $41.87, with a volume of 274858 shares traded. The stock had previously closed at $41.70.

Dimensional US High Profitability ETF Trading Up 0.4%

The company has a market capitalization of $12.37 billion, a PE ratio of 24.91 and a beta of 0.94. The business has a fifty day moving average of $40.77 and a 200 day moving average of $39.20.

Institutional Investors Weigh In On Dimensional US High Profitability ETF

Several institutional investors have recently modified their holdings of the company. Wealth Watch Advisors INC purchased a new position in shares of Dimensional US High Profitability ETF in the 4th quarter valued at approximately $30,000. Geneos Wealth Management Inc. acquired a new stake in shares of Dimensional US High Profitability ETF during the fourth quarter worth $33,000. Smartleaf Asset Management LLC lifted its holdings in shares of Dimensional US High Profitability ETF by 44.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock worth $33,000 after purchasing an additional 260 shares during the period. Rothschild Investment LLC purchased a new position in Dimensional US High Profitability ETF in the 4th quarter valued at $42,000. Finally, Archer Investment Corp acquired a new position in Dimensional US High Profitability ETF in the 1st quarter valued at $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.