Gemmer Asset Management LLC Boosts Stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Gemmer Asset Management LLC boosted its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 3.9% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 290,552 shares of the company’s stock after buying an additional 10,868 shares during the quarter. Dimensional US High Profitability ETF makes up about 1.0% of Gemmer Asset Management LLC’s holdings, making the stock its 29th biggest position. Gemmer Asset Management LLC’s holdings in Dimensional US High Profitability ETF were worth $9,899,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Abich Financial Wealth Management LLC acquired a new position in Dimensional US High Profitability ETF in the 2nd quarter valued at $32,000. Asset Dedication LLC acquired a new position in Dimensional US High Profitability ETF in the 3rd quarter valued at $40,000. Fairscale Capital LLC acquired a new position in Dimensional US High Profitability ETF in the 2nd quarter valued at $52,000. CWM LLC acquired a new position in Dimensional US High Profitability ETF in the 2nd quarter valued at $66,000. Finally, Lynx Investment Advisory acquired a new position in Dimensional US High Profitability ETF in the 2nd quarter valued at $83,000.

Dimensional US High Profitability ETF Stock Performance

Shares of DUHP opened at $34.20 on Monday. The company has a market capitalization of $5.89 billion, a PE ratio of 21.58 and a beta of 0.92. The stock has a fifty day moving average of $33.76 and a two-hundred day moving average of $32.31. Dimensional US High Profitability ETF has a fifty-two week low of $24.69 and a fifty-two week high of $35.00.

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.