Davis Select U.S. Equity ETF (BATS:DUSA) Reaches New 12-Month High – Should You Buy?

Shares of Davis Select U.S. Equity ETF (BATS:DUSAGet Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $56.18 and last traded at $56.18, with a volume of 1631 shares. The stock had previously closed at $55.66.

Davis Select U.S. Equity ETF Stock Up 0.3%

The business has a 50-day moving average price of $52.52 and a 200-day moving average price of $51.46. The firm has a market capitalization of $885.12 million, a price-to-earnings ratio of 17.61 and a beta of 0.97.

Hedge Funds Weigh In On Davis Select U.S. Equity ETF

A number of large investors have recently made changes to their positions in the business. Sanctuary Advisors LLC increased its position in shares of Davis Select U.S. Equity ETF by 31.5% during the first quarter. Sanctuary Advisors LLC now owns 31,105 shares of the company’s stock worth $1,578,000 after purchasing an additional 7,445 shares in the last quarter. Fifth Third Bancorp acquired a new position in shares of Davis Select U.S. Equity ETF during the first quarter worth $216,000. Private Advisor Group LLC increased its position in shares of Davis Select U.S. Equity ETF by 0.7% during the first quarter. Private Advisor Group LLC now owns 35,363 shares of the company’s stock worth $1,794,000 after purchasing an additional 250 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Davis Select U.S. Equity ETF during the first quarter worth $519,000. Finally, Next Level Private LLC increased its position in shares of Davis Select U.S. Equity ETF by 16.7% during the first quarter. Next Level Private LLC now owns 435,158 shares of the company’s stock worth $22,080,000 after purchasing an additional 62,218 shares in the last quarter.

Davis Select U.S. Equity ETF Company Profile

(Get Free Report)

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.

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