Davis Select U.S. Equity ETF (BATS:DUSA) Reaches New 12-Month High – Here’s Why

Davis Select U.S. Equity ETF (BATS:DUSA)’s share price hit a new 52-week high on Monday . The stock 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 Performance

The company has a market cap of $880.53 million, a price-to-earnings ratio of 17.61 and a beta of 0.97. The stock’s fifty day moving average is $52.31 and its two-hundred day moving average is $51.30.

Institutional Investors Weigh In On Davis Select U.S. Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. TD Waterhouse Canada Inc. purchased a new stake in Davis Select U.S. Equity ETF in the 4th quarter valued at about $41,000. Advisory Services Network LLC purchased a new stake in Davis Select U.S. Equity ETF in the 3rd quarter valued at about $44,000. Birchwood Financial Partners Inc. purchased a new stake in Davis Select U.S. Equity ETF in the 4th quarter valued at about $111,000. Fifth Third Bancorp purchased a new stake in Davis Select U.S. Equity ETF in the 1st quarter valued at about $216,000. Finally, Arkadios Wealth Advisors purchased a new stake in Davis Select U.S. Equity ETF in the 4th quarter valued at about $246,000.

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.