Dimensional International High Profitability ETF (BATS:DIHP) Reaches New 12-Month High – Still a Buy?

Dimensional International High Profitability ETF (BATS:DIHP) reached a new 52-week high on Friday . The company traded as high as $35.76 and last traded at $35.76, with a volume of 98921 shares changing hands. The stock had previously closed at $35.47.

Dimensional International High Profitability ETF Trading Up 0.7%

The firm has a market cap of $5.02 billion, a P/E ratio of 17.57 and a beta of 0.90. The business’s fifty day simple moving average is $34.46 and its 200-day simple moving average is $33.92.

Institutional Investors Weigh In On Dimensional International High Profitability ETF

Large investors have recently made changes to their positions in the business. Belleair Asset Management LLC purchased a new position in shares of Dimensional International High Profitability ETF during the fourth quarter valued at approximately $951,000. RAM Investment Partners LLC lifted its stake in Dimensional International High Profitability ETF by 80.8% in the fourth quarter. RAM Investment Partners LLC now owns 35,610 shares of the company’s stock worth $1,128,000 after acquiring an additional 15,910 shares during the period. Summit Wealth Group LLC Co. bought a new stake in Dimensional International High Profitability ETF in the fourth quarter valued at $852,000. Quadcap Wealth Management LLC boosted its holdings in Dimensional International High Profitability ETF by 10.5% in the fourth quarter. Quadcap Wealth Management LLC now owns 368,012 shares of the company’s stock valued at $11,653,000 after acquiring an additional 34,941 shares in the last quarter. Finally, Kane Co Wealth Management Inc. purchased a new position in Dimensional International High Profitability ETF during the 4th quarter valued at $2,413,000.

Dimensional International High Profitability ETF Company Profile

The Dimensional International High Profitability ETF (DIHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of non-US large-cap stocks from developed markets, actively selected based on perceived higher profitability relative to other large-cap companies in the same countries or region. DIHP was launched on Mar 23, 2022 and is managed by Dimensional.