Summit Investment Advisory Services LLC Invests $333,000 in Davis Select U.S. Equity ETF (BATS:DUSA)

Summit Investment Advisory Services LLC purchased a new position in shares of Davis Select U.S. Equity ETF (BATS:DUSA) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 7,983 shares of the company’s stock, valued at approximately $333,000. Summit Investment Advisory Services LLC owned 0.06% of Davis Select U.S. Equity ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kestra Advisory Services LLC increased its position in Davis Select U.S. Equity ETF by 6.1% during the 1st quarter. Kestra Advisory Services LLC now owns 779,259 shares of the company’s stock worth $31,459,000 after purchasing an additional 44,568 shares during the period. Raymond James & Associates grew its holdings in Davis Select U.S. Equity ETF by 12.9% during the second quarter. Raymond James & Associates now owns 261,196 shares of the company’s stock worth $10,610,000 after acquiring an additional 29,802 shares during the period. Next Level Private LLC raised its position in Davis Select U.S. Equity ETF by 17.3% in the third quarter. Next Level Private LLC now owns 222,649 shares of the company’s stock worth $9,280,000 after acquiring an additional 32,896 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in Davis Select U.S. Equity ETF by 5.1% in the second quarter. Commonwealth Equity Services LLC now owns 136,897 shares of the company’s stock valued at $5,561,000 after acquiring an additional 6,651 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in shares of Davis Select U.S. Equity ETF by 6.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 77,444 shares of the company’s stock worth $3,146,000 after purchasing an additional 4,799 shares in the last quarter.

Davis Select U.S. Equity ETF Trading Up 0.5 %

Shares of BATS:DUSA traded up $0.21 on Thursday, reaching $42.15. 32,214 shares of the company were exchanged. The stock’s fifty day simple moving average is $40.74 and its 200-day simple moving average is $40.27. The company has a market capitalization of $531.09 million, a price-to-earnings ratio of 15.43 and a beta of 1.03.

Davis Select U.S. Equity ETF 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.