GEM Asset Management LLC Increases Stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

GEM Asset Management LLC grew its holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 6.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 88,881 shares of the company’s stock after buying an additional 5,196 shares during the quarter. Dimensional US High Profitability ETF comprises 1.7% of GEM Asset Management LLC’s investment portfolio, making the stock its 18th biggest holding. GEM Asset Management LLC’s holdings in Dimensional US High Profitability ETF were worth $3,003,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. MilWealth Group LLC purchased a new stake in shares of Dimensional US High Profitability ETF during the 4th quarter worth approximately $27,000. Hantz Financial Services Inc. purchased a new stake in shares of Dimensional US High Profitability ETF in the fourth quarter valued at $31,000. Synergy Asset Management LLC acquired a new stake in shares of Dimensional US High Profitability ETF during the 4th quarter worth about $35,000. Asset Dedication LLC acquired a new stake in Dimensional US High Profitability ETF during the third quarter worth approximately $40,000. Finally, Fortitude Family Office LLC acquired a new stake in shares of Dimensional US High Profitability ETF during the third quarter worth $91,000.

Dimensional US High Profitability ETF Price Performance

DUHP opened at $35.31 on Wednesday. Dimensional US High Profitability ETF has a 12 month low of $29.52 and a 12 month high of $35.79. The business has a 50-day moving average of $34.55 and a two-hundred day moving average of $34.04. The stock has a market capitalization of $6.08 billion, a price-to-earnings ratio of 21.58 and a beta of 0.92.

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.