D.A. Davidson & CO. Trims Position in Davis Select Financial ETF (BATS:DFNL)

D.A. Davidson & CO. trimmed its position in shares of Davis Select Financial ETF (BATS:DFNL) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 80,780 shares of the company’s stock after selling 5,238 shares during the quarter. D.A. Davidson & CO. owned 1.34% of Davis Select Financial ETF worth $2,445,000 at the end of the most recent quarter.

Separately, Beacon Harbor Wealth Advisors Inc. acquired a new stake in shares of Davis Select Financial ETF in the fourth quarter worth $9,644,000.

Davis Select Financial ETF Trading Up 0.8 %

Shares of Davis Select Financial ETF stock traded up $0.27 during trading hours on Friday, reaching $33.54. The company’s stock had a trading volume of 2,777 shares. The stock has a market capitalization of $194.52 million, a PE ratio of 13.22 and a beta of 0.84. The business’s 50 day moving average price is $32.81 and its 200 day moving average price is $30.94.

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.