CPA Asset Management LLC Lowers Stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

CPA Asset Management LLC cut its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 1.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 398,448 shares of the company’s stock after selling 4,924 shares during the period. Dimensional US High Profitability ETF makes up about 6.3% of CPA Asset Management LLC’s holdings, making the stock its 4th largest holding. CPA Asset Management LLC’s holdings in Dimensional US High Profitability ETF were worth $13,464,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in DUHP. Pure Financial Advisors LLC raised its stake in shares of Dimensional US High Profitability ETF by 35.0% in the third quarter. Pure Financial Advisors LLC now owns 4,628,551 shares of the company’s stock valued at $157,695,000 after buying an additional 1,200,771 shares during the period. Wealthstream Advisors Inc. bought a new stake in shares of Dimensional US High Profitability ETF in the third quarter valued at $31,061,000. Timonier Family Office LTD. bought a new stake in shares of Dimensional US High Profitability ETF in the fourth quarter valued at $21,982,000. RW Investment Management LLC raised its stake in shares of Dimensional US High Profitability ETF by 751.6% in the fourth quarter. RW Investment Management LLC now owns 597,179 shares of the company’s stock valued at $20,179,000 after buying an additional 527,054 shares during the period. Finally, Matauro LLC bought a new stake in shares of Dimensional US High Profitability ETF during the 4th quarter valued at $17,664,000.

Dimensional US High Profitability ETF Stock Performance

NYSEARCA:DUHP opened at $35.25 on Wednesday. Dimensional US High Profitability ETF has a 52-week low of $29.63 and a 52-week high of $35.83. The firm has a market cap of $6.07 billion, a price-to-earnings ratio of 21.58 and a beta of 0.92. The business’s fifty day moving average is $34.60 and its 200 day moving average is $34.30.

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.