Northwestern Mutual Wealth Management Co. Has $1.67 Million Position in Davis Select U.S. Equity ETF $DUSA

Northwestern Mutual Wealth Management Co. raised its stake in shares of Davis Select U.S. Equity ETF (BATS:DUSA) by 6,436.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 32,682 shares of the company’s stock after purchasing an additional 32,182 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Davis Select U.S. Equity ETF were worth $1,671,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. TD Waterhouse Canada Inc. acquired a new stake in shares of Davis Select U.S. Equity ETF during the 4th quarter valued at $41,000. Advisory Services Network LLC acquired a new stake in shares of Davis Select U.S. Equity ETF during the 3rd quarter valued at $44,000. Stratos Wealth Partners LTD. acquired a new stake in shares of Davis Select U.S. Equity ETF during the 4th quarter valued at $310,000. Great Point Wealth Advisors LLC boosted its stake in shares of Davis Select U.S. Equity ETF by 28.5% during the 4th quarter. Great Point Wealth Advisors LLC now owns 7,022 shares of the company’s stock valued at $359,000 after buying an additional 1,557 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of Davis Select U.S. Equity ETF by 5.3% during the 1st quarter. Integrated Wealth Concepts LLC now owns 13,956 shares of the company’s stock valued at $591,000 after buying an additional 701 shares during the period.

Davis Select U.S. Equity ETF Stock Down 1.1%

Shares of BATS:DUSA opened at $55.21 on Friday. Davis Select U.S. Equity ETF has a 12-month low of $44.15 and a 12-month high of $56.46. The firm has a fifty day moving average of $54.25 and a two-hundred day moving average of $52.37. The firm has a market capitalization of $872.32 million, a P/E ratio of 17.61 and a beta of 0.97.

Davis Select U.S. Equity ETF 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.