Kane Co Wealth Management Inc. Invests $1.71 Million in Dimensional US High Profitability ETF $DUHP

Kane Co Wealth Management Inc. bought a new stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 44,917 shares of the company’s stock, valued at approximately $1,708,000. Dimensional US High Profitability ETF accounts for 1.5% of Kane Co Wealth Management Inc.’s investment portfolio, making the stock its 20th largest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DUHP. Geneos Wealth Management Inc. purchased a new position in Dimensional US High Profitability ETF in the fourth quarter valued at $33,000. Optiver Holding B.V. purchased a new position in Dimensional US High Profitability ETF in the third quarter valued at $63,000. VSM Wealth Advisory LLC boosted its holdings in Dimensional US High Profitability ETF by 74.4% in the third quarter. VSM Wealth Advisory LLC now owns 1,744 shares of the company’s stock valued at $66,000 after purchasing an additional 744 shares during the period. Huntington National Bank purchased a new position in Dimensional US High Profitability ETF in the third quarter valued at $84,000. Finally, Advisory Services Network LLC purchased a new position in Dimensional US High Profitability ETF in the third quarter valued at $160,000.

Dimensional US High Profitability ETF Stock Performance

NYSEARCA:DUHP opened at $39.86 on Monday. The firm has a market cap of $11.54 billion, a PE ratio of 24.91 and a beta of 0.94. The stock has a fifty day moving average price of $38.27 and a 200 day moving average price of $38.30. Dimensional US High Profitability ETF has a 12-month low of $33.45 and a 12-month high of $40.31.

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.