Sax Wealth Advisors LLC Sells 45,418 Shares of Dimensional US High Profitability ETF $DUHP

Sax Wealth Advisors LLC reduced its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 6.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 661,497 shares of the company’s stock after selling 45,418 shares during the quarter. Dimensional US High Profitability ETF accounts for about 1.0% of Sax Wealth Advisors LLC’s holdings, making the stock its 17th largest holding. Sax Wealth Advisors LLC’s holdings in Dimensional US High Profitability ETF were worth $27,604,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AQR Capital Management LLC lifted its position in Dimensional US High Profitability ETF by 99.7% in the 1st quarter. AQR Capital Management LLC now owns 25,580 shares of the company’s stock worth $848,000 after buying an additional 12,771 shares during the last quarter. Cetera Investment Advisers bought a new position in Dimensional US High Profitability ETF during the second quarter valued at approximately $302,000. Flow Traders U.S. LLC bought a new position in Dimensional US High Profitability ETF during the second quarter valued at approximately $418,000. Sei Investments Co. purchased a new position in shares of Dimensional US High Profitability ETF during the second quarter worth approximately $739,000. Finally, Quantinno Capital Management LP purchased a new position in shares of Dimensional US High Profitability ETF during the second quarter worth approximately $1,057,000.

Dimensional US High Profitability ETF Stock Performance

Shares of DUHP opened at $42.52 on Friday. The firm has a market cap of $12.67 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. Dimensional US High Profitability ETF has a fifty-two week low of $35.69 and a fifty-two week high of $42.76. The firm has a 50 day moving average price of $41.39 and a 200-day moving average price of $39.67.

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.