Davis Select U.S. Equity ETF $DUSA Shares Bought by IFP Advisors Inc

IFP Advisors Inc raised its stake in Davis Select U.S. Equity ETF (BATS:DUSA) by 1,235.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 35,586 shares of the company’s stock after acquiring an additional 32,921 shares during the period. IFP Advisors Inc’s holdings in Davis Select U.S. Equity ETF were worth $1,999,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Bank of America Corp DE lifted its position in shares of Davis Select U.S. Equity ETF by 66.5% during the third quarter. Bank of America Corp DE now owns 1,041,927 shares of the company’s stock worth $49,908,000 after purchasing an additional 416,004 shares during the last quarter. Morgan Stanley grew its stake in Davis Select U.S. Equity ETF by 3.9% in the fourth quarter. Morgan Stanley now owns 4,312,238 shares of the company’s stock worth $220,485,000 after purchasing an additional 163,801 shares in the last quarter. Wells Fargo & Company MN grew its stake in Davis Select U.S. Equity ETF by 29.3% in the fourth quarter. Wells Fargo & Company MN now owns 427,654 shares of the company’s stock worth $21,866,000 after purchasing an additional 96,943 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Davis Select U.S. Equity ETF by 22.9% in the third quarter. Raymond James Financial Inc. now owns 400,513 shares of the company’s stock valued at $19,185,000 after buying an additional 74,593 shares during the last quarter. Finally, UBS Group AG increased its holdings in Davis Select U.S. Equity ETF by 14.0% in the third quarter. UBS Group AG now owns 547,889 shares of the company’s stock valued at $26,244,000 after buying an additional 67,456 shares during the last quarter.

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

Shares of BATS DUSA opened at $56.86 on Friday. The stock’s 50 day moving average price is $57.25 and its two-hundred day moving average price is $55.06. Davis Select U.S. Equity ETF has a 52-week low of $46.50 and a 52-week high of $58.53. The stock has a market capitalization of $898.39 million, a P/E ratio of 17.61 and a beta of 0.97.

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.