Davis Select Financial ETF (BATS:DFNL) Shares Sold by Raymond James & Associates

Raymond James & Associates lessened its position in shares of Davis Select Financial ETF (BATS:DFNL) by 21.7% in the 4th quarter, HoldingsChannel reports. The fund owned 10,144 shares of the company’s stock after selling 2,809 shares during the period. Raymond James & Associates’ holdings in Davis Select Financial ETF were worth $307,000 as of its most recent SEC filing.

Davis Select Financial ETF Stock Down 0.1 %

Shares of BATS DFNL opened at $32.58 on Monday. The stock’s fifty day simple moving average is $32.04 and its 200-day simple moving average is $29.99. The firm has a market cap of $185.71 million, a price-to-earnings ratio of 12.64 and a beta of 1.05.

Davis Select Financial ETF Profile

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.