75,078 Shares of Davis Select Financial ETF $DFNL Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. purchased a new stake in shares of Davis Select Financial ETF (BATS:DFNL) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 75,078 shares of the company’s stock, valued at approximately $3,614,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE raised its position in Davis Select Financial ETF by 5.2% during the 1st quarter. Bank of America Corp DE now owns 209,529 shares of the company’s stock valued at $9,395,000 after purchasing an additional 10,288 shares during the last quarter. Royal Bank of Canada grew its position in shares of Davis Select Financial ETF by 145.1% in the 1st quarter. Royal Bank of Canada now owns 126,975 shares of the company’s stock worth $5,694,000 after buying an additional 75,169 shares during the last quarter. Sanctuary Advisors LLC grew its position in shares of Davis Select Financial ETF by 4.6% in the 1st quarter. Sanctuary Advisors LLC now owns 89,380 shares of the company’s stock worth $4,008,000 after buying an additional 3,905 shares during the last quarter. Kestra Advisory Services LLC grew its position in shares of Davis Select Financial ETF by 5.7% in the 1st quarter. Kestra Advisory Services LLC now owns 45,860 shares of the company’s stock worth $2,056,000 after buying an additional 2,473 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in shares of Davis Select Financial ETF by 53.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 28,323 shares of the company’s stock valued at $1,398,000 after buying an additional 9,816 shares during the period.

Davis Select Financial ETF Stock Performance

DFNL opened at $49.82 on Monday. Davis Select Financial ETF has a 52-week low of $43.33 and a 52-week high of $53.09. The stock has a market capitalization of $331.30 million, a PE ratio of 13.00 and a beta of 0.97. The stock’s 50 day moving average price is $50.00 and its 200-day moving average price is $48.53.

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.