IFP Advisors Inc Decreases Position in Davis Select U.S. Equity ETF (BATS:DUSA)

IFP Advisors Inc trimmed its position in shares of Davis Select U.S. Equity ETF (BATS:DUSA) by 45.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,665 shares of the company’s stock after selling 2,242 shares during the quarter. IFP Advisors Inc’s holdings in Davis Select U.S. Equity ETF were worth $112,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of DUSA. Truist Financial Corp raised its holdings in shares of Davis Select U.S. Equity ETF by 18.9% in the fourth quarter. Truist Financial Corp now owns 6,621 shares of the company’s stock worth $279,000 after acquiring an additional 1,053 shares during the last quarter. Priebe Wealth Holdings LLC acquired a new position in shares of Davis Select U.S. Equity ETF in the fourth quarter worth $281,000. Quantinno Capital Management LP acquired a new position in shares of Davis Select U.S. Equity ETF in the third quarter worth $331,000. Atria Investments Inc acquired a new position in shares of Davis Select U.S. Equity ETF in the third quarter worth $351,000. Finally, Avestar Capital LLC acquired a new position in shares of Davis Select U.S. Equity ETF in the third quarter worth $648,000.

Davis Select U.S. Equity ETF Stock Performance

BATS DUSA opened at $43.13 on Wednesday. The firm has a market capitalization of $649.12 million, a PE ratio of 16.55 and a beta of 1.04. The business has a fifty day moving average of $44.25 and a two-hundred day moving average of $42.96.

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.