Root Financial Partners LLC Buys 340,148 Shares of Dimensional US High Profitability ETF $DUHP

Root Financial Partners LLC raised its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 77.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 779,236 shares of the company’s stock after purchasing an additional 340,148 shares during the quarter. Dimensional US High Profitability ETF accounts for 1.8% of Root Financial Partners LLC’s portfolio, making the stock its 15th biggest position. Root Financial Partners LLC owned 0.30% of Dimensional US High Profitability ETF worth $29,432,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in DUHP. Geneos Wealth Management Inc. increased its stake in shares of Dimensional US High Profitability ETF by 5.2% in the second quarter. Geneos Wealth Management Inc. now owns 7,278 shares of the company’s stock worth $259,000 after buying an additional 361 shares during the period. Argyle Capital Partners LLC grew its holdings in Dimensional US High Profitability ETF by 1.3% in the 2nd quarter. Argyle Capital Partners LLC now owns 36,935 shares of the company’s stock worth $1,313,000 after acquiring an additional 476 shares during the last quarter. Two West Capital Advisors LLC increased its position in shares of Dimensional US High Profitability ETF by 0.6% in the second quarter. Two West Capital Advisors LLC now owns 85,433 shares of the company’s stock valued at $3,123,000 after acquiring an additional 492 shares during the period. Everest Management Corp. increased its position in shares of Dimensional US High Profitability ETF by 2.4% in the second quarter. Everest Management Corp. now owns 23,566 shares of the company’s stock valued at $838,000 after acquiring an additional 559 shares during the period. Finally, Kingsview Wealth Management LLC raised its stake in shares of Dimensional US High Profitability ETF by 0.5% during the second quarter. Kingsview Wealth Management LLC now owns 129,281 shares of the company’s stock valued at $4,597,000 after acquiring an additional 626 shares during the last quarter.

Dimensional US High Profitability ETF Price Performance

NYSEARCA DUHP opened at $38.49 on Tuesday. Dimensional US High Profitability ETF has a 1 year low of $28.68 and a 1 year high of $38.78. The stock has a market capitalization of $10.56 billion, a PE ratio of 24.91 and a beta of 0.97. The business’s 50-day moving average is $38.03 and its 200 day moving average is $37.41.

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.