LPL Financial LLC Raises Stock Position in Davis Select U.S. Equity ETF (BATS:DUSA)

LPL Financial LLC grew its stake in Davis Select U.S. Equity ETF (BATS:DUSA) by 5.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 214,976 shares of the company’s stock after purchasing an additional 10,612 shares during the quarter. LPL Financial LLC owned about 1.71% of Davis Select U.S. Equity ETF worth $9,053,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of DUSA. Captrust Financial Advisors raised its stake in Davis Select U.S. Equity ETF by 4.6% in the third quarter. Captrust Financial Advisors now owns 28,198 shares of the company’s stock worth $1,175,000 after buying an additional 1,250 shares in the last quarter. Quantinno Capital Management LP purchased a new position in shares of Davis Select U.S. Equity ETF in the 3rd quarter valued at approximately $331,000. Sanctuary Advisors LLC boosted its position in shares of Davis Select U.S. Equity ETF by 6.2% during the fourth quarter. Sanctuary Advisors LLC now owns 19,547 shares of the company’s stock valued at $891,000 after purchasing an additional 1,146 shares in the last quarter. Private Advisor Group LLC grew its stake in Davis Select U.S. Equity ETF by 1.1% in the fourth quarter. Private Advisor Group LLC now owns 37,011 shares of the company’s stock worth $1,559,000 after purchasing an additional 401 shares during the period. Finally, Lantz Financial LLC grew its stake in Davis Select U.S. Equity ETF by 5.0% in the fourth quarter. Lantz Financial LLC now owns 21,646 shares of the company’s stock worth $911,000 after purchasing an additional 1,036 shares during the period.

Davis Select U.S. Equity ETF Price Performance

The firm’s 50 day moving average price is $43.92 and its two-hundred day moving average price is $43.25. Davis Select U.S. Equity ETF has a 52-week low of $37.50 and a 52-week high of $46.24. The stock has a market capitalization of $549.74 million, a price-to-earnings ratio of 16.55 and a beta of 1.04.

Davis Select U.S. Equity ETF Company 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.