Davis Select U.S. Equity ETF (BATS:DUSA) Stock Price Down 2.3%

Shares of Davis Select U.S. Equity ETF (BATS:DUSA) dropped 2.3% during mid-day trading on Thursday . The stock traded as low as $40.19 and last traded at $40.45. Approximately 24,287 shares were traded during mid-day trading, The stock had previously closed at $41.41.

Davis Select U.S. Equity ETF Stock Down 3.6 %

The company’s fifty day moving average is $40.45 and its 200-day moving average is $39.31. The company has a market cap of $491.40 million, a PE ratio of 15.43 and a beta of 1.03.

Institutional Trading of Davis Select U.S. Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Raymond James & Associates increased its holdings in Davis Select U.S. Equity ETF by 261.2% in the 4th quarter. Raymond James & Associates now owns 192,281 shares of the company’s stock valued at $6,780,000 after acquiring an additional 139,052 shares during the last quarter. Cambridge Investment Research Advisors Inc. bought a new stake in Davis Select U.S. Equity ETF in the 4th quarter valued at $2,470,000. Geneos Wealth Management Inc. increased its holdings in Davis Select U.S. Equity ETF by 716.4% in the 4th quarter. Geneos Wealth Management Inc. now owns 65,312 shares of the company’s stock valued at $2,303,000 after acquiring an additional 57,312 shares during the last quarter. Kestra Advisory Services LLC increased its holdings in shares of Davis Select U.S. Equity ETF by 6.1% in the 1st quarter. Kestra Advisory Services LLC now owns 779,259 shares of the company’s stock worth $31,459,000 after buying an additional 44,568 shares during the last quarter. Finally, Avestar Capital LLC bought a new stake in shares of Davis Select U.S. Equity ETF in the 4th quarter worth about $1,357,000.

About Davis Select U.S. Equity ETF

The Davis Select U.S. Equity ETF (DUSA) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed portfolio of US large-cap stocks. The fund seeks long-term capital growth and capital preservation. DUSA was launched on Jan 11, 2017 and is managed by Davis.