Dimensional US High Profitability ETF (NYSEARCA:DUHP) Hits New 52-Week High – Time to Buy?

Dimensional US High Profitability ETF (NYSEARCA:DUHP)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $38.79 and last traded at $38.73, with a volume of 1121844 shares. The stock had previously closed at $38.64.

Dimensional US High Profitability ETF Stock Performance

The business’s fifty day moving average price is $37.98 and its two-hundred day moving average price is $37.34. The firm has a market capitalization of $10.54 billion, a P/E ratio of 24.91 and a beta of 0.97.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

Large investors have recently made changes to their positions in the business. Salomon & Ludwin LLC purchased a new position in Dimensional US High Profitability ETF during the 3rd quarter worth $27,000. CX Institutional acquired a new stake in Dimensional US High Profitability ETF in the third quarter worth about $62,000. Optiver Holding B.V. acquired a new stake in Dimensional US High Profitability ETF in the third quarter worth about $63,000. VSM Wealth Advisory LLC grew its stake in shares of Dimensional US High Profitability ETF by 74.4% during the third quarter. VSM Wealth Advisory LLC now owns 1,744 shares of the company’s stock worth $66,000 after acquiring an additional 744 shares during the last quarter. Finally, Huntington National Bank purchased a new stake in shares of Dimensional US High Profitability ETF during the third quarter worth about $84,000.

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.