Gladstone Institutional Advisory LLC Sells 87,821 Shares of Davis Select U.S. Equity ETF (BATS:DUSA)

Gladstone Institutional Advisory LLC trimmed its holdings in shares of Davis Select U.S. Equity ETF (BATS:DUSA) by 65.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,366 shares of the company’s stock after selling 87,821 shares during the quarter. Gladstone Institutional Advisory LLC owned 0.38% of Davis Select U.S. Equity ETF worth $1,974,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Lantz Financial LLC lifted its position in shares of Davis Select U.S. Equity ETF by 1.3% during the second quarter. Lantz Financial LLC now owns 18,609 shares of the company’s stock worth $756,000 after purchasing an additional 247 shares during the last quarter. Legacy Capital Group California Inc. raised its holdings in shares of Davis Select U.S. Equity ETF by 4.9% in the second quarter. Legacy Capital Group California Inc. now owns 7,259 shares of the company’s stock valued at $295,000 after acquiring an additional 342 shares in the last quarter. Comerica Bank raised its holdings in shares of Davis Select U.S. Equity ETF by 17.7% in the first quarter. Comerica Bank now owns 3,572 shares of the company’s stock valued at $144,000 after acquiring an additional 536 shares in the last quarter. Kathleen S. Wright Associates Inc. raised its holdings in shares of Davis Select U.S. Equity ETF by 4.1% in the third quarter. Kathleen S. Wright Associates Inc. now owns 23,469 shares of the company’s stock valued at $978,000 after acquiring an additional 921 shares in the last quarter. Finally, Private Advisor Group LLC raised its holdings in shares of Davis Select U.S. Equity ETF by 4.4% in the second quarter. Private Advisor Group LLC now owns 37,715 shares of the company’s stock valued at $1,532,000 after acquiring an additional 1,591 shares in the last quarter.

Davis Select U.S. Equity ETF Price Performance

DUSA stock opened at $41.87 on Friday. The company has a market capitalization of $527.56 million, a P/E ratio of 15.43 and a beta of 1.03. The company has a fifty day moving average price of $41.22 and a 200-day moving average price of $40.45.

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.