Arkansas Financial Group Inc. Raises Stock Holdings in Davis Select Financial ETF (BATS:DFNL)

Arkansas Financial Group Inc. boosted its holdings in Davis Select Financial ETF (BATS:DFNL) by 48.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,981 shares of the company’s stock after purchasing an additional 10,470 shares during the period. Arkansas Financial Group Inc. owned about 0.55% of Davis Select Financial ETF worth $1,218,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Sanctuary Advisors LLC acquired a new stake in shares of Davis Select Financial ETF during the second quarter worth $1,608,000. HighTower Advisors LLC grew its position in shares of Davis Select Financial ETF by 73.1% during the 3rd quarter. HighTower Advisors LLC now owns 115,950 shares of the company’s stock valued at $4,285,000 after buying an additional 48,949 shares during the last quarter. Carson Advisory Inc. acquired a new stake in Davis Select Financial ETF during the third quarter worth about $213,000. Janney Montgomery Scott LLC lifted its holdings 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 acquiring an additional 5,245 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in Davis Select Financial ETF by 327.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,710 shares of the company’s stock valued at $57,000 after acquiring an additional 1,310 shares during the period.

Davis Select Financial ETF Price Performance

Shares of Davis Select Financial ETF stock opened at $39.98 on Friday. The firm has a market cap of $231.86 million, a PE ratio of 13.22 and a beta of 0.84. The business’s fifty day moving average is $39.49 and its 200 day moving average is $37.45.

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.