Alesco Advisors LLC Invests $66.18 Million in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Alesco Advisors LLC purchased a new position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,313,227 shares of the company’s stock, valued at approximately $66,181,000. Dimensional US High Profitability ETF accounts for about 2.3% of Alesco Advisors LLC’s portfolio, making the stock its 11th largest holding.

Several other institutional investors have also modified their holdings of DUHP. CWM LLC purchased a new position in shares of Dimensional US High Profitability ETF during the 3rd quarter worth $62,000. Gemmer Asset Management LLC raised its holdings in shares of Dimensional US High Profitability ETF by 23.1% during the 3rd quarter. Gemmer Asset Management LLC now owns 60,291 shares of the company’s stock worth $1,549,000 after acquiring an additional 11,310 shares during the period. Evanson Asset Management LLC raised its holdings in shares of Dimensional US High Profitability ETF by 10.9% during the 3rd quarter. Evanson Asset Management LLC now owns 11,239 shares of the company’s stock worth $289,000 after acquiring an additional 1,101 shares during the period. Steward Financial Group LLC raised its holdings in shares of Dimensional US High Profitability ETF by 43.2% during the 3rd quarter. Steward Financial Group LLC now owns 141,976 shares of the company’s stock worth $3,647,000 after acquiring an additional 42,822 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in shares of Dimensional US High Profitability ETF by 26.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 896,784 shares of the company’s stock worth $23,038,000 after purchasing an additional 188,402 shares during the last quarter.

Dimensional US High Profitability ETF Price Performance

Shares of NYSEARCA:DUHP traded up $0.17 during midday trading on Friday, reaching $30.35. 642,261 shares of the company’s stock were exchanged, compared to its average volume of 863,198. The firm’s 50 day simple moving average is $30.78 and its two-hundred day simple moving average is $28.77. The stock has a market cap of $5.07 billion, a price-to-earnings ratio of 21.23 and a beta of 0.98. Dimensional US High Profitability ETF has a fifty-two week low of $24.46 and a fifty-two week high of $31.72.

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.