Dimensional US High Profitability ETF (NYSEARCA:DUHP) Reaches New 1-Year Low – Should You Sell?

Dimensional US High Profitability ETF (NYSEARCA:DUHP)’s share price reached a new 52-week low on Monday . The stock traded as low as $28.68 and last traded at $28.79, with a volume of 81397 shares changing hands. The stock had previously closed at $30.17.

Dimensional US High Profitability ETF Stock Up 8.4 %

The business has a 50-day simple moving average of $33.94 and a 200-day simple moving average of $34.30. The company has a market cap of $7.26 billion, a PE ratio of 24.13 and a beta of 0.99.

Dimensional US High Profitability ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.0814 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

Institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Dimensional US High Profitability ETF in the fourth quarter valued at approximately $54,563,000. Envestnet Asset Management Inc. grew its stake in shares of Dimensional US High Profitability ETF by 3.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 38,231,301 shares of the company’s stock worth $1,291,836,000 after acquiring an additional 1,310,704 shares in the last quarter. Pure Financial Advisors LLC increased its position in shares of Dimensional US High Profitability ETF by 18.0% during the fourth quarter. Pure Financial Advisors LLC now owns 5,461,842 shares of the company’s stock worth $184,556,000 after acquiring an additional 833,291 shares during the period. United Wealth Management LLC acquired a new stake in shares of Dimensional US High Profitability ETF in the fourth quarter valued at $22,048,000. Finally, Timonier Family Office LTD. purchased a new position in Dimensional US High Profitability ETF in the fourth quarter valued at $21,982,000.

Dimensional US High Profitability ETF Company 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.