Davis Select Financial ETF (BATS:DFNL) Stock Price Up 3.2% – Still a Buy?

Davis Select Financial ETF (BATS:DFNL) rose 3.2% on Friday . The stock traded as high as $39.29 and last traded at $39.44. Approximately 9,901 shares traded hands during mid-day trading, The stock had previously closed at $38.20.

Davis Select Financial ETF Stock Up 3.2 %

The firm has a market cap of $228.72 million, a PE ratio of 13.22 and a beta of 0.84. The stock has a 50 day moving average price of $39.50 and a two-hundred day moving average price of $37.30.

Institutional Trading of Davis Select Financial ETF

Several large investors have recently bought and sold shares of the stock. Arkansas Financial Group Inc. raised its holdings in shares of Davis Select Financial ETF by 48.7% in the fourth quarter. Arkansas Financial Group Inc. now owns 31,981 shares of the company’s stock worth $1,218,000 after buying an additional 10,470 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Davis Select Financial ETF by 43.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 17,250 shares of the company’s stock worth $657,000 after acquiring an additional 5,245 shares during the last quarter. Ameritas Advisory Services LLC lifted its position in Davis Select Financial ETF by 14.9% during the 4th quarter. Ameritas Advisory Services LLC now owns 9,986 shares of the company’s stock worth $380,000 after acquiring an additional 1,298 shares during the period. Sanctuary Advisors LLC grew its stake in Davis Select Financial ETF by 54.1% during the 3rd 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 during the last quarter. Finally, Stifel Financial Corp increased its holdings in shares of Davis Select Financial ETF by 9.5% in 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 period.

Davis Select Financial ETF Company Profile

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.