Janney Montgomery Scott LLC Buys 5,245 Shares of Davis Select Financial ETF (BATS:DFNL)

Janney Montgomery Scott LLC boosted its stake in Davis Select Financial ETF (BATS:DFNL) by 43.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,250 shares of the company’s stock after purchasing an additional 5,245 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.30% of Davis Select Financial ETF worth $657,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in DFNL. Ameritas Advisory Services LLC raised its holdings in shares of Davis Select Financial ETF by 14.9% in the 4th quarter. Ameritas Advisory Services LLC now owns 9,986 shares of the company’s stock valued at $380,000 after acquiring an additional 1,298 shares in the last quarter. Sanctuary Advisors LLC raised its stake in Davis Select Financial ETF by 54.1% in the third quarter. Sanctuary Advisors LLC now owns 76,052 shares of the company’s stock valued at $3,095,000 after purchasing an additional 26,687 shares in the last quarter. Stifel Financial Corp lifted its position in Davis Select Financial ETF by 9.5% during the third quarter. Stifel Financial Corp now owns 14,359 shares of the company’s stock valued at $531,000 after purchasing an additional 1,240 shares during the last quarter. HighTower Advisors LLC grew its stake in Davis Select Financial ETF by 73.1% in the 3rd quarter. HighTower Advisors LLC now owns 115,950 shares of the company’s stock worth $4,285,000 after buying an additional 48,949 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of 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 worth $394,000 after buying an additional 567 shares during the last quarter.

Davis Select Financial ETF Price Performance

Shares of BATS:DFNL opened at $40.77 on Friday. The stock has a 50-day moving average of $39.43 and a two-hundred day moving average of $37.89. The stock has a market capitalization of $236.47 million, a price-to-earnings 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.