Stifel Financial Corp Boosts Holdings in Davis Select Financial ETF (BATS:DFNL)

Stifel Financial Corp boosted its stake in shares of Davis Select Financial ETF (BATS:DFNL) by 9.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,359 shares of the company’s stock after acquiring an additional 1,240 shares during the period. Stifel Financial Corp owned 0.25% of Davis Select Financial ETF worth $531,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC lifted its stake in shares of Davis Select Financial ETF by 73.1% in the 3rd quarter. HighTower Advisors LLC now owns 115,950 shares of the company’s stock valued at $4,285,000 after purchasing an additional 48,949 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in Davis Select Financial ETF by 5.6% during the third 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 during the period. Carson Advisory Inc. bought a new position in Davis Select Financial ETF in the third quarter worth approximately $213,000. Arkansas Financial Group Inc. lifted its stake in shares of Davis Select Financial ETF by 48.2% during the 3rd quarter. Arkansas Financial Group Inc. now owns 21,511 shares of the company’s stock worth $796,000 after purchasing an additional 6,993 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in Davis Select Financial ETF during the second quarter valued at approximately $1,608,000.

Davis Select Financial ETF Stock Performance

Shares of BATS DFNL opened at $39.38 on Friday. The business has a fifty day simple moving average of $39.51 and a 200-day simple moving average of $36.69. The firm has a market capitalization of $228.40 million, a P/E ratio of 13.22 and a beta of 0.84.

About Davis Select Financial ETF

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.