Davis Select U.S. Equity ETF (BATS:DUSA) Hits New 52-Week High – What’s Next?

Davis Select U.S. Equity ETF (BATS:DUSAGet Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $57.63 and last traded at $57.63, with a volume of 987 shares trading hands. The stock had previously closed at $57.42.

Davis Select U.S. Equity ETF Trading Down 0.1%

The business has a 50 day simple moving average of $56.08 and a two-hundred day simple moving average of $53.57. The company has a market cap of $909.45 million, a PE ratio of 17.61 and a beta of 0.97.

Hedge Funds Weigh In On Davis Select U.S. Equity ETF

Large investors have recently added to or reduced their stakes in the business. Next Level Private LLC boosted its stake in Davis Select U.S. Equity ETF by 6.1% in the 2nd quarter. Next Level Private LLC now owns 461,878 shares of the company’s stock worth $25,948,000 after buying an additional 26,720 shares during the last quarter. Melone Private Wealth LLC increased its stake in shares of Davis Select U.S. Equity ETF by 3.2% during the 2nd quarter. Melone Private Wealth LLC now owns 327,833 shares of the company’s stock valued at $18,418,000 after acquiring an additional 10,250 shares during the last quarter. NewEdge Advisors LLC acquired a new position in shares of Davis Select U.S. Equity ETF during the 1st quarter valued at about $289,000. Bank of America Corp DE lifted its holdings in shares of Davis Select U.S. Equity ETF by 6.1% during the 1st quarter. Bank of America Corp DE now owns 1,631,655 shares of the company’s stock worth $82,790,000 after acquiring an additional 94,125 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of Davis Select U.S. Equity ETF by 16.3% during the 1st quarter. Royal Bank of Canada now owns 79,291 shares of the company’s stock worth $4,023,000 after acquiring an additional 11,115 shares during the period.

Davis Select U.S. Equity ETF Company Profile

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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.

Further Reading

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