Fiduciary Financial Group LLC increased its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP – Free Report) by 9.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 245,841 shares of the company’s stock after purchasing an additional 21,245 shares during the quarter. Dimensional US High Profitability ETF comprises about 1.2% of Fiduciary Financial Group LLC’s holdings, making the stock its 17th largest position. Fiduciary Financial Group LLC owned 0.08% of Dimensional US High Profitability ETF worth $10,259,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in DUHP. AQR Capital Management LLC boosted its stake 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 purchasing an additional 12,771 shares during the period. Cetera Investment Advisers bought a new stake in shares of Dimensional US High Profitability ETF during the second quarter valued at about $302,000. Flow Traders U.S. LLC bought a new stake in shares of Dimensional US High Profitability ETF during the second quarter valued at about $418,000. Sei Investments Co. purchased a new stake in shares of Dimensional US High Profitability ETF in the second quarter worth about $739,000. Finally, Quantinno Capital Management LP purchased a new stake in shares of Dimensional US High Profitability ETF in the second quarter worth about $1,057,000.
Dimensional US High Profitability ETF Trading Down 0.1%
DUHP stock opened at $42.42 on Wednesday. The firm has a 50 day moving average of $41.43 and a 200-day moving average of $39.74. Dimensional US High Profitability ETF has a 12 month low of $35.69 and a 12 month high of $42.76. The firm has a market capitalization of $12.64 billion, a P/E ratio of 24.91 and a beta of 0.94.
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.
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