Davis Select Financial ETF (BATS:DFNL) Shares Down 0.9% – Should You Sell?

Davis Select Financial ETF (BATS:DFNL) traded down 0.9% on Thursday . The stock traded as low as $37.76 and last traded at $37.76. 1,882 shares changed hands during trading, The stock had previously closed at $38.12.

Davis Select Financial ETF Price Performance

The firm has a market capitalization of $219.03 million, a price-to-earnings ratio of 13.22 and a beta of 0.84. The business’s 50 day moving average price is $36.91 and its 200-day moving average price is $34.79.

Institutional Trading of Davis Select Financial ETF

Large investors have recently made changes to their positions in the stock. Comerica Bank grew its position in Davis Select Financial ETF by 49.8% during the first quarter. Comerica Bank now owns 1,230 shares of the company’s stock valued at $41,000 after acquiring an additional 409 shares during the period. Benjamin F. Edwards & Company Inc. increased its holdings in Davis Select Financial ETF by 327.5% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,710 shares of the company’s stock valued at $57,000 after purchasing an additional 1,310 shares in the last quarter. Arkansas Financial Group Inc. raised its position in Davis Select Financial ETF by 48.2% in the third quarter. Arkansas Financial Group Inc. now owns 21,511 shares of the company’s stock valued at $796,000 after purchasing an additional 6,993 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Davis Select Financial ETF during the second quarter worth about $1,608,000. Finally, Commonwealth Equity Services LLC boosted its position in shares of Davis Select Financial ETF by 1.9% in the second quarter. Commonwealth Equity Services LLC now owns 61,847 shares of the company’s stock worth $2,054,000 after buying an additional 1,153 shares during the period.

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.