Davis Select Financial ETF (BATS:DFNL) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Davis Select Financial ETF (BATS:DFNL) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $36.18 and traded as high as $40.79. Davis Select Financial ETF shares last traded at $40.38, with a volume of 18,222 shares.

Davis Select Financial ETF Stock Up 0.0 %

The business has a 50-day simple moving average of $39.02 and a 200-day simple moving average of $36.23. The company has a market cap of $232.99 million, a PE ratio of 13.22 and a beta of 0.84.

Institutional Investors Weigh In On Davis Select Financial ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Comerica Bank raised its position in Davis Select Financial ETF by 49.8% during the first quarter. Comerica Bank now owns 1,230 shares of the company’s stock worth $41,000 after acquiring an additional 409 shares during the period. Benjamin F. Edwards & Company Inc. increased its stake in shares of Davis Select Financial ETF by 327.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,710 shares of the company’s stock worth $57,000 after purchasing an additional 1,310 shares in the last quarter. Carson Advisory Inc. acquired a new position in shares of Davis Select Financial ETF during the 3rd quarter worth about $213,000. Rockefeller Capital Management L.P. lifted its stake in Davis Select Financial ETF by 5.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 10,653 shares of the company’s stock valued at $394,000 after buying an additional 567 shares in the last quarter. Finally, Stifel Financial Corp boosted its holdings in Davis Select Financial ETF by 9.5% in the 3rd quarter. Stifel Financial Corp now owns 14,359 shares of the company’s stock worth $531,000 after buying an additional 1,240 shares during the last quarter.

Davis Select Financial ETF Company Profile

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.