Financial Connections Group Inc. Purchases 17,285 Shares of Dimensional US High Profitability ETF $DUHP

Financial Connections Group Inc. lifted its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 13.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 150,502 shares of the company’s stock after acquiring an additional 17,285 shares during the quarter. Dimensional US High Profitability ETF accounts for about 1.9% of Financial Connections Group Inc.’s holdings, making the stock its 19th largest position. Financial Connections Group Inc.’s holdings in Dimensional US High Profitability ETF were worth $5,532,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of DUHP. G2 Capital Management LLC OH increased its position in Dimensional US High Profitability ETF by 3.6% in the fourth quarter. G2 Capital Management LLC OH now owns 537,497 shares of the company’s stock worth $20,441,000 after buying an additional 18,660 shares during the last quarter. Foundation Wealth Management LLC PA grew its stake in shares of 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 worth $12,647,000 after acquiring an additional 48,518 shares during the period. Fulton Bank N.A. grew its stake in shares of 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 worth $39,432,000 after acquiring an additional 70,373 shares during the period. Prime Capital Investment Advisors LLC purchased a new stake in Dimensional US High Profitability ETF in the 4th quarter worth about $597,000. Finally, Shore Point Advisors LLC increased its holdings in Dimensional US High Profitability ETF by 23.2% in the 4th quarter. Shore Point Advisors LLC now owns 192,296 shares of the company’s stock worth $7,313,000 after acquiring an additional 36,162 shares during the last quarter.

Dimensional US High Profitability ETF Stock Up 0.4%

NYSEARCA DUHP opened at $41.87 on Friday. The company has a market cap of $12.37 billion, a PE ratio of 24.91 and a beta of 0.94. Dimensional US High Profitability ETF has a 52 week low of $35.59 and a 52 week high of $41.92. The firm’s 50-day simple moving average is $40.83 and its two-hundred day simple moving average is $39.22.

Dimensional US High Profitability ETF 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.