Dimensional US High Profitability ETF (NYSEARCA:DUHP) Stock Position Lessened by Satovsky Asset Management LLC

Satovsky Asset Management LLC cut its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 1.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,291,353 shares of the company’s stock after selling 13,969 shares during the quarter. Dimensional US High Profitability ETF makes up 10.0% of Satovsky Asset Management LLC’s holdings, making the stock its 4th largest position. Satovsky Asset Management LLC’s holdings in Dimensional US High Profitability ETF were worth $43,635,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. MilWealth Group LLC purchased a new position in Dimensional US High Profitability ETF in the 4th quarter valued at $27,000. Principal Securities Inc. grew its position in Dimensional US High Profitability ETF by 174.2% in the 4th quarter. Principal Securities Inc. now owns 894 shares of the company’s stock valued at $30,000 after buying an additional 568 shares during the last quarter. Hantz Financial Services Inc. purchased a new position in Dimensional US High Profitability ETF in the 4th quarter valued at $31,000. Synergy Asset Management LLC purchased a new position in Dimensional US High Profitability ETF in the 4th quarter valued at $35,000. Finally, Fortitude Family Office LLC purchased a new position in Dimensional US High Profitability ETF in the 3rd quarter valued at $91,000.

Dimensional US High Profitability ETF Price Performance

NYSEARCA:DUHP opened at $35.83 on Thursday. The firm’s fifty day moving average price is $34.56 and its 200 day moving average price is $34.17. Dimensional US High Profitability ETF has a 1-year low of $29.63 and a 1-year high of $35.83. The firm has a market cap of $6.17 billion, a price-to-earnings ratio of 21.58 and a beta of 0.92.

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.