D.A. Davidson & CO. Sells 522 Shares of Davis Select Financial ETF $DFNL

D.A. Davidson & CO. lessened its holdings in shares of Davis Select Financial ETF (BATS:DFNL) by 0.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 78,949 shares of the company’s stock after selling 522 shares during the quarter. D.A. Davidson & CO. owned about 1.19% of Davis Select Financial ETF worth $3,390,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DFNL. Northwestern Mutual Wealth Management Co. increased its stake in Davis Select Financial ETF by 2,063.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 66,993 shares of the company’s stock worth $2,631,000 after acquiring an additional 63,897 shares during the last quarter. LPL Financial LLC increased its stake in Davis Select Financial ETF by 6.7% in the 1st quarter. LPL Financial LLC now owns 325,696 shares of the company’s stock worth $12,793,000 after acquiring an additional 20,578 shares during the last quarter. J.W. Cole Advisors Inc. increased its stake in Davis Select Financial ETF by 103.7% in the 1st quarter. J.W. Cole Advisors Inc. now owns 24,689 shares of the company’s stock worth $970,000 after acquiring an additional 12,570 shares during the last quarter. Arkansas Financial Group Inc. increased its stake in Davis Select Financial ETF by 8.5% in the 2nd quarter. Arkansas Financial Group Inc. now owns 45,243 shares of the company’s stock worth $1,969,000 after acquiring an additional 3,535 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in Davis Select Financial ETF by 6.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 18,265 shares of the company’s stock worth $784,000 after acquiring an additional 1,165 shares during the last quarter.

Davis Select Financial ETF Price Performance

BATS:DFNL opened at $44.81 on Friday. The company has a market cap of $297.99 million, a price-to-earnings ratio of 13.00 and a beta of 0.97. Davis Select Financial ETF has a 1 year low of $32.37 and a 1 year high of $44.20. The stock’s 50 day simple moving average is $44.88 and its two-hundred day simple moving average is $42.38.

About Davis Select Financial ETF

The Davis Select Financial ETF (DFNL) is an exchange-traded fund that is based on the S&P 500 Financials index. The fund is an actively-managed portfolio of global financial sector stocks. The fund seeks long-term growth of capital. DFNL was launched on Jan 11, 2017 and is managed by Davis.