Davis Select Financial ETF (BATS:DFNL) Stock Price Up 0.6% – What’s Next?

Shares of Davis Select Financial ETF (BATS:DFNL) rose 0.6% during trading on Monday . The company traded as high as $45.60 and last traded at $45.52. Approximately 15,087 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 69,737 shares. The stock had previously closed at $45.25.

Davis Select Financial ETF Stock Performance

The firm has a market capitalization of $302.71 million, a P/E ratio of 13.00 and a beta of 0.97. The stock’s 50 day simple moving average is $46.54 and its 200 day simple moving average is $46.52.

Institutional Investors Weigh In On Davis Select Financial ETF

Several hedge funds have recently modified their holdings of the business. J.W. Cole Advisors Inc. lifted its position in shares of Davis Select Financial ETF by 0.9% in the 4th quarter. J.W. Cole Advisors Inc. now owns 23,316 shares of the company’s stock worth $1,127,000 after purchasing an additional 215 shares during the period. Wells Fargo & Company MN lifted its position in shares of Davis Select Financial ETF by 25.5% in the 4th quarter. Wells Fargo & Company MN now owns 1,378 shares of the company’s stock worth $67,000 after purchasing an additional 280 shares during the period. CWM LLC lifted its position in shares of Davis Select Financial ETF by 34.6% in the 3rd quarter. CWM LLC now owns 1,750 shares of the company’s stock worth $79,000 after purchasing an additional 450 shares during the period. Capital Investment Advisory Services LLC lifted its position in shares of Davis Select Financial ETF by 53.4% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,577 shares of the company’s stock worth $76,000 after purchasing an additional 549 shares during the period. Finally, UBS Group AG lifted its position in shares of Davis Select Financial ETF by 0.7% in the 3rd quarter. UBS Group AG now owns 96,687 shares of the company’s stock worth $4,372,000 after purchasing an additional 676 shares during the period.

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.