Petersen Hastings Wealth Advisors Inc. Invests $108.83 Million in Dimensional US High Profitability ETF $DUHP

Petersen Hastings Wealth Advisors Inc. purchased a new position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 2,861,752 shares of the company’s stock, valued at approximately $108,832,000. Dimensional US High Profitability ETF makes up 10.5% of Petersen Hastings Wealth Advisors Inc.’s investment portfolio, making the stock its 3rd largest position. Petersen Hastings Wealth Advisors Inc. owned 1.01% of Dimensional US High Profitability ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Geneos Wealth Management Inc. purchased a new stake in shares of Dimensional US High Profitability ETF during the 4th quarter worth about $33,000. Rothschild Investment LLC acquired a new position in shares of Dimensional US High Profitability ETF during the 4th quarter valued at about $42,000. Optiver Holding B.V. acquired a new position in shares of Dimensional US High Profitability ETF during the 3rd quarter valued at about $63,000. VSM Wealth Advisory LLC increased its holdings in shares of Dimensional US High Profitability ETF by 74.4% during the 3rd quarter. VSM Wealth Advisory LLC now owns 1,744 shares of the company’s stock valued at $66,000 after acquiring an additional 744 shares during the last quarter. Finally, Huntington National Bank acquired a new position in shares of Dimensional US High Profitability ETF during the 3rd quarter valued at about $84,000.

Dimensional US High Profitability ETF Stock Performance

Shares of NYSEARCA DUHP opened at $41.67 on Friday. The firm has a market cap of $12.06 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The business’s 50-day simple moving average is $39.14 and its 200-day simple moving average is $38.59. Dimensional US High Profitability ETF has a 52 week low of $34.33 and a 52 week high of $41.74.

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.