Janney Montgomery Scott LLC Buys New Position in Davis Select U.S. Equity ETF (BATS:DUSA)

Janney Montgomery Scott LLC bought a new position in Davis Select U.S. Equity ETF (BATS:DUSA) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,374 shares of the company’s stock, valued at approximately $227,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC lifted its stake in Davis Select U.S. Equity ETF by 5.2% in the fourth quarter. LPL Financial LLC now owns 214,976 shares of the company’s stock valued at $9,053,000 after buying an additional 10,612 shares during the period. Wells Fargo & Company MN bought a new stake in shares of Davis Select U.S. Equity ETF during the fourth quarter valued at approximately $382,000. Citadel Advisors LLC bought a new stake in shares of Davis Select U.S. Equity ETF during the fourth quarter valued at approximately $1,004,000. Millstone Evans Group LLC bought a new stake in shares of Davis Select U.S. Equity ETF during the fourth quarter valued at approximately $32,000. Finally, Lantz Financial LLC increased its holdings in shares of Davis Select U.S. Equity ETF by 4.9% during the first quarter. Lantz Financial LLC now owns 22,709 shares of the company’s stock valued at $961,000 after acquiring an additional 1,063 shares in the last quarter.

Davis Select U.S. Equity ETF Stock Up 10.3%

BATS DUSA opened at $47.23 on Monday. The company has a market cap of $746.23 million, a price-to-earnings ratio of 17.61 and a beta of 0.97. Davis Select U.S. Equity ETF has a 52 week low of $36.83 and a 52 week high of $47.32. The business has a 50 day moving average price of $44.17 and a 200-day moving average price of $43.40.

Davis Select U.S. Equity ETF 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.