Davis Select Worldwide ETF (BATS:DWLD – Get Free Report) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 11,079 shares, a drop of 47.9% from the April 15th total of 21,260 shares. Based on an average trading volume of 16,340 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the company’s shares are sold short.
Davis Select Worldwide ETF Stock Performance
Shares of DWLD opened at $47.25 on Friday. The stock has a 50-day simple moving average of $45.45 and a 200-day simple moving average of $46.01. The stock has a market capitalization of $492.82 million, a PE ratio of 15.51 and a beta of 0.82. Davis Select Worldwide ETF has a 1 year low of $38.49 and a 1 year high of $48.37.
Hedge Funds Weigh In On Davis Select Worldwide ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Morgan Stanley boosted its stake in shares of Davis Select Worldwide ETF by 7.1% in the 4th quarter. Morgan Stanley now owns 1,680,607 shares of the company’s stock valued at $78,384,000 after buying an additional 111,744 shares during the period. Cetera Investment Advisers boosted its stake in shares of Davis Select Worldwide ETF by 7.1% in the 1st quarter. Cetera Investment Advisers now owns 780,871 shares of the company’s stock valued at $34,210,000 after buying an additional 52,074 shares during the period. LPL Financial LLC boosted its stake in shares of Davis Select Worldwide ETF by 64.0% in the 4th quarter. LPL Financial LLC now owns 388,586 shares of the company’s stock valued at $18,124,000 after buying an additional 151,593 shares during the period. Stifel Financial Corp boosted its stake in shares of Davis Select Worldwide ETF by 3.3% in the 4th quarter. Stifel Financial Corp now owns 336,128 shares of the company’s stock valued at $15,677,000 after buying an additional 10,648 shares during the period. Finally, Royal Bank of Canada boosted its stake in shares of Davis Select Worldwide ETF by 2.6% in the 4th quarter. Royal Bank of Canada now owns 320,639 shares of the company’s stock valued at $14,955,000 after buying an additional 8,092 shares during the period.
About Davis Select Worldwide ETF
The Davis Select Worldwide ETF (DWLD) is an exchange-traded fund that is based on the MSCI AWCI index. The fund is an actively-managed portfolio of global equities. The fund seeks long-term capital growth. DWLD was launched on Jan 11, 2017 and is managed by Davis.
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