Davis Select U.S. Equity ETF (BATS:DUSA) Trading Up 24.5% – Here’s Why

Davis Select U.S. Equity ETF (BATS:DUSA) was up 24.5% during trading on Wednesday . The stock traded as high as $43.82 and last traded at $53.3250. Approximately 108,356 shares were traded during mid-day trading, an increase of 173% from the average daily volume of 39,649 shares. The stock had previously closed at $42.83.

Davis Select U.S. Equity ETF Stock Up 24.5%

The firm’s 50 day simple moving average is $51.55 and its 200-day simple moving average is $49.02. The company has a market capitalization of $842.54 million, a PE ratio of 17.61 and a beta of 0.97.

Institutional Trading of Davis Select U.S. Equity ETF

Large investors have recently added to or reduced their stakes in the stock. Summit Wealth Group LLC Co. purchased a new position in Davis Select U.S. Equity ETF in the fourth quarter valued at about $2,548,000. Kestra Private Wealth Services LLC grew its stake in shares of Davis Select U.S. Equity ETF by 5.7% in the fourth quarter. Kestra Private Wealth Services LLC now owns 158,973 shares of the company’s stock valued at $8,128,000 after buying an additional 8,544 shares in the last quarter. UBS Group AG grew its stake in shares of Davis Select U.S. Equity ETF by 3.0% in the fourth quarter. UBS Group AG now owns 564,410 shares of the company’s stock valued at $28,858,000 after buying an additional 16,521 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in shares of Davis Select U.S. Equity ETF by 3.8% during the 4th quarter. Sanctuary Advisors LLC now owns 23,660 shares of the company’s stock valued at $1,210,000 after buying an additional 874 shares during the period. Finally, TD Waterhouse Canada Inc. acquired a new position in Davis Select U.S. Equity ETF during the 4th quarter worth approximately $41,000.

Davis Select U.S. Equity ETF Company 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.