Davis Select Financial ETF (BATS:DFNL) Trading Up 3.2% – Time to Buy?

Davis Select Financial ETF (BATS:DFNL)’s stock price rose 3.2% during mid-day trading on Friday . The stock traded as high as $39.29 and last traded at $39.44. Approximately 9,901 shares changed hands during trading, The stock had previously closed at $38.20.

Davis Select Financial ETF Trading Up 3.2 %

The firm has a 50 day moving average of $39.50 and a 200-day moving average of $37.30. The company has a market cap of $228.72 million, a P/E ratio of 13.22 and a beta of 0.84.

Institutional Trading of Davis Select Financial ETF

Hedge funds have recently made changes to their positions in the business. Arkansas Financial Group Inc. increased its position in Davis Select Financial ETF by 48.7% during the fourth quarter. Arkansas Financial Group Inc. now owns 31,981 shares of the company’s stock valued at $1,218,000 after acquiring an additional 10,470 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Davis Select Financial ETF by 43.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 17,250 shares of the company’s stock worth $657,000 after purchasing an additional 5,245 shares during the last quarter. Ameritas Advisory Services LLC boosted its position in shares of Davis Select Financial ETF by 14.9% during the fourth quarter. Ameritas Advisory Services LLC now owns 9,986 shares of the company’s stock valued at $380,000 after buying an additional 1,298 shares during the period. Sanctuary Advisors LLC raised its holdings in shares of Davis Select Financial ETF by 54.1% in the third quarter. Sanctuary Advisors LLC now owns 76,052 shares of the company’s stock worth $3,095,000 after buying an additional 26,687 shares during the period. Finally, Stifel Financial Corp grew its position in Davis Select Financial ETF by 9.5% in the 3rd quarter. Stifel Financial Corp now owns 14,359 shares of the company’s stock valued at $531,000 after acquiring an additional 1,240 shares during the last quarter.

Davis Select Financial ETF Company Profile

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.