Blume Capital Management Inc. Acquires 9,850 Shares of Davis Select U.S. Equity ETF $DUSA

Blume Capital Management Inc. grew its holdings in shares of Davis Select U.S. Equity ETF (BATS:DUSA) by 167.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,725 shares of the company’s stock after buying an additional 9,850 shares during the quarter. Blume Capital Management Inc. owned 0.10% of Davis Select U.S. Equity ETF worth $728,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in DUSA. Janney Montgomery Scott LLC acquired a new stake in shares of Davis Select U.S. Equity ETF in the 1st quarter worth about $227,000. DAVENPORT & Co LLC bought a new stake in Davis Select U.S. Equity ETF during the 2nd quarter worth approximately $254,000. Truist Financial Corp raised its stake in shares of Davis Select U.S. Equity ETF by 12.6% in the second quarter. Truist Financial Corp now owns 7,567 shares of the company’s stock worth $350,000 after purchasing an additional 849 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of Davis Select U.S. Equity ETF by 7.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 8,898 shares of the company’s stock worth $377,000 after purchasing an additional 608 shares during the last quarter. Finally, CWM LLC bought a new position in shares of Davis Select U.S. Equity ETF in the first quarter valued at approximately $439,000.

Davis Select U.S. Equity ETF Stock Up 13.1%

Shares of BATS:DUSA opened at $48.46 on Wednesday. The stock has a market cap of $765.67 million, a price-to-earnings ratio of 17.61 and a beta of 0.97. Davis Select U.S. Equity ETF has a 12-month low of $36.83 and a 12-month high of $47.32. The business’s 50 day moving average is $47.88 and its 200 day moving average is $45.34.

Davis Select U.S. Equity ETF Company Profile

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.