Dimensional US High Profitability ETF (NYSEARCA:DUHP) Shares Acquired by Summit Wealth Group LLC

Summit Wealth Group LLC boosted its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 8.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,926 shares of the company’s stock after purchasing an additional 5,061 shares during the quarter. Dimensional US High Profitability ETF makes up approximately 0.7% of Summit Wealth Group LLC’s holdings, making the stock its 28th largest position. Summit Wealth Group LLC’s holdings in Dimensional US High Profitability ETF were worth $2,295,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DUHP. MilWealth Group LLC acquired a new position in Dimensional US High Profitability ETF during the 4th quarter valued at approximately $27,000. Principal Securities Inc. boosted its position in Dimensional US High Profitability ETF by 174.2% during the 4th quarter. Principal Securities Inc. now owns 894 shares of the company’s stock valued at $30,000 after purchasing an additional 568 shares during the period. Hantz Financial Services Inc. acquired a new position in Dimensional US High Profitability ETF during the 4th quarter valued at approximately $31,000. Synergy Asset Management LLC acquired a new position in Dimensional US High Profitability ETF during the 4th quarter valued at approximately $35,000. Finally, Fortitude Family Office LLC acquired a new position in Dimensional US High Profitability ETF during the 3rd quarter valued at approximately $91,000.

Dimensional US High Profitability ETF Price Performance

Shares of Dimensional US High Profitability ETF stock opened at $35.25 on Wednesday. The business’s fifty day moving average price is $34.60 and its two-hundred day moving average price is $34.30. The company has a market capitalization of $6.07 billion, a P/E ratio of 21.58 and a beta of 0.92. Dimensional US High Profitability ETF has a 1-year low of $29.63 and a 1-year high of $35.83.

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.