Focus Partners Wealth Boosts Stake in Dimensional US High Profitability ETF $DUHP

Focus Partners Wealth increased its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 3.9% in the 4th quarter, Holdings Channel reports. The firm owned 19,304,073 shares of the company’s stock after buying an additional 716,130 shares during the period. Dimensional US High Profitability ETF makes up 0.8% of Focus Partners Wealth’s holdings, making the stock its 25th biggest holding. Focus Partners Wealth owned approximately 0.07% of Dimensional US High Profitability ETF worth $734,134,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. G2 Capital Management LLC OH raised its stake in Dimensional US High Profitability ETF by 3.6% during the 4th quarter. G2 Capital Management LLC OH now owns 537,497 shares of the company’s stock valued at $20,441,000 after acquiring an additional 18,660 shares during the last quarter. Foundation Wealth Management LLC PA raised its stake in Dimensional US High Profitability ETF by 17.1% during the 4th quarter. Foundation Wealth Management LLC PA now owns 332,563 shares of the company’s stock valued at $12,647,000 after acquiring an additional 48,518 shares during the last quarter. Fulton Bank N.A. raised its stake in Dimensional US High Profitability ETF by 7.3% during the 4th quarter. Fulton Bank N.A. now owns 1,036,856 shares of the company’s stock valued at $39,432,000 after acquiring an additional 70,373 shares during the last quarter. Prime Capital Investment Advisors LLC purchased a new stake in Dimensional US High Profitability ETF during the 4th quarter valued at approximately $597,000. Finally, Connecticut Capital Management Group LLC purchased a new stake in Dimensional US High Profitability ETF during the 4th quarter valued at approximately $3,748,000.

Dimensional US High Profitability ETF Stock Up 0.4%

DUHP opened at $41.05 on Friday. The business has a 50 day moving average price of $39.65 and a two-hundred day moving average price of $38.74. The company has a market cap of $11.88 billion, a PE ratio of 24.91 and a beta of 0.94. Dimensional US High Profitability ETF has a 52 week low of $34.33 and a 52 week high of $41.74.

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.