Davis Select U.S. Equity ETF (BATS:DUSA) Stock Price Down 0.3% – Here’s Why

Davis Select U.S. Equity ETF (BATS:DUSA – Get Free Report) was down 0.3% during mid-day trading on Monday. The stock traded as low as $56.58 and last traded at $56.64. Approximately 50,386 shares were traded during mid-day trading, a decline of 3% from the average session volume of 51,740 shares. The stock had previously closed at $56.79.

Davis Select U.S. Equity ETF Stock Performance

The firm has a market cap of $904.33 million, a P/E ratio of 17.61 and a beta of 0.97. The stock’s 50 day simple moving average is $56.41 and its 200 day simple moving average is $56.00.

Institutional Investors Weigh In On Davis Select U.S. Equity ETF

Hedge funds have recently made changes to their positions in the business. Bank of America Corp DE lifted its stake in Davis Select U.S. Equity ETF by 6.1% in the 1st quarter. Bank of America Corp DE now owns 1,631,655 shares of the company’s stock worth $82,790,000 after purchasing an additional 94,125 shares in the last quarter. Next Level Private LLC boosted its holdings in shares of Davis Select U.S. Equity ETF by 6.1% in the 2nd quarter. Next Level Private LLC now owns 461,878 shares of the company’s stock worth $25,948,000 after purchasing an additional 26,720 shares in the last quarter. Melone Private Wealth LLC lifted its holdings in shares of Davis Select U.S. Equity ETF by 1.1% in the 3rd quarter. Melone Private Wealth LLC now owns 331,364 shares of the company’s stock worth $18,119,000 after acquiring an additional 3,531 shares during the last quarter. Kestra Private Wealth Services LLC raised its position in Davis Select U.S. Equity ETF by 6.6% in the 1st quarter. Kestra Private Wealth Services LLC now owns 169,536 shares of the company’s stock worth $8,602,000 after purchasing an additional 10,563 shares during the period. Finally, Royal Bank of Canada increased its holdings in shares of Davis Select U.S. Equity ETF by 16.3% in the first quarter. Royal Bank of Canada now owns 79,291 shares of the company’s stock worth $4,023,000 after buying an additional 11,115 shares during the period.

About Davis Select U.S. Equity ETF

(Get Free Report)

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.

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