Davis Select U.S. Equity ETF (BATS:DUSA – Get Free Report) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 37,459 shares, a decline of 46.0% from the June 15th total of 69,396 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 50,597 shares, the days-to-cover ratio is presently 0.7 days.
Hedge Funds Weigh In On Davis Select U.S. Equity ETF
Large investors have recently modified their holdings of the business. Next Level Private LLC increased its position in shares of Davis Select U.S. Equity ETF by 6.1% during the 2nd quarter. Next Level Private LLC now owns 461,878 shares of the company’s stock worth $25,948,000 after purchasing an additional 26,720 shares during the last quarter. Melone Private Wealth LLC lifted its position in Davis Select U.S. Equity ETF by 3.2% in the second quarter. Melone Private Wealth LLC now owns 327,833 shares of the company’s stock valued at $18,418,000 after buying an additional 10,250 shares during the last quarter. NewEdge Advisors LLC purchased a new position in Davis Select U.S. Equity ETF during the first quarter worth about $289,000. Bank of America Corp DE boosted its stake in Davis Select U.S. Equity ETF by 6.1% during the first quarter. Bank of America Corp DE now owns 1,631,655 shares of the company’s stock worth $82,790,000 after buying an additional 94,125 shares during the period. Finally, Royal Bank of Canada increased its position in shares of Davis Select U.S. Equity ETF by 16.3% during the first quarter. Royal Bank of Canada now owns 79,291 shares of the company’s stock valued at $4,023,000 after acquiring an additional 11,115 shares during the last quarter.
Davis Select U.S. Equity ETF Stock Performance
Shares of Davis Select U.S. Equity ETF stock opened at $57.86 on Friday. The firm has a market capitalization of $914.19 million, a price-to-earnings ratio of 17.61 and a beta of 0.97. Davis Select U.S. Equity ETF has a fifty-two week low of $44.92 and a fifty-two week high of $58.31. The stock has a 50 day moving average of $56.16 and a 200 day moving average of $53.65.
About Davis Select U.S. Equity ETF
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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