Davis Selected Advisers Raises Position in Davis Select U.S. Equity ETF (BATS:DUSA)

Davis Selected Advisers grew its position in Davis Select U.S. Equity ETF (BATS:DUSA – Get Rating) by 0.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,329,138 shares of the company’s stock after buying an additional 20,578 shares during the period. Davis Select U.S. Equity ETF makes up about 0.6% of Davis Selected Advisers’ investment portfolio, making the stock its 28th largest holding. Davis Selected Advisers’ holdings in Davis Select U.S. Equity ETF were worth $90,453,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in DUSA. Toroso Investments LLC boosted its position in shares of Davis Select U.S. Equity ETF by 9.8% during the third quarter. Toroso Investments LLC now owns 82,446 shares of the company’s stock worth $2,079,000 after acquiring an additional 7,344 shares during the last quarter. Melone Private Wealth LLC increased its stake in Davis Select U.S. Equity ETF by 11.3% in the 4th quarter. Melone Private Wealth LLC now owns 14,625 shares of the company’s stock worth $397,000 after buying an additional 1,490 shares during the period. Kestra Advisory Services LLC increased its stake in Davis Select U.S. Equity ETF by 161.5% in the 4th quarter. Kestra Advisory Services LLC now owns 690,139 shares of the company’s stock worth $18,751,000 after buying an additional 426,256 shares during the period. Gladstone Institutional Advisory LLC grew its holdings in Davis Select U.S. Equity ETF by 174.3% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 161,704 shares of the company’s stock worth $4,393,000 after acquiring an additional 102,753 shares in the last quarter. Finally, D.A. Davidson & CO. grew its holdings in Davis Select U.S. Equity ETF by 4.5% during the 4th quarter. D.A. Davidson & CO. now owns 146,624 shares of the company’s stock worth $3,984,000 after acquiring an additional 6,375 shares in the last quarter.

Davis Select U.S. Equity ETF Price Performance

Shares of BATS:DUSA traded up $0.10 during trading on Friday, reaching $29.43. The stock had a trading volume of 12,915 shares. The firm has a market cap of $335.49 million, a P/E ratio of 9.30 and a beta of 1.06. The stock has a 50 day moving average of $28.73 and a 200-day moving average of $28.62.

Davis Select U.S. Equity ETF Profile

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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.