D.A. Davidson & CO. Boosts Stock Position in Davis Select U.S. Equity ETF (BATS:DUSA)

D.A. Davidson & CO. increased its holdings in shares of Davis Select U.S. Equity ETF (BATS:DUSA) by 0.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 140,573 shares of the company’s stock after acquiring an additional 582 shares during the period. D.A. Davidson & CO.’s holdings in Davis Select U.S. Equity ETF were worth $5,859,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Comerica Bank raised its position in Davis Select U.S. Equity ETF by 17.7% during the first quarter. Comerica Bank now owns 3,572 shares of the company’s stock worth $144,000 after acquiring an additional 536 shares during the period. Truist Financial Corp purchased a new stake in shares of Davis Select U.S. Equity ETF during the second quarter worth about $208,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Davis Select U.S. Equity ETF during the second quarter worth about $218,000. Legacy Capital Group California Inc. raised its position in shares of Davis Select U.S. Equity ETF by 4.9% during the 2nd quarter. Legacy Capital Group California Inc. now owns 7,259 shares of the company’s stock worth $295,000 after purchasing an additional 342 shares during the last quarter. Finally, Summit Investment Advisory Services LLC purchased a new position in Davis Select U.S. Equity ETF in the 3rd quarter valued at about $333,000.

Davis Select U.S. Equity ETF Price Performance

Shares of BATS:DUSA opened at $44.88 on Thursday. The stock has a 50-day moving average price of $42.40 and a 200 day moving average price of $41.02. The firm has a market capitalization of $565.49 million, a price-to-earnings ratio of 15.43 and a beta of 1.03.

Davis Select U.S. Equity ETF Company 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.