Davis Select U.S. Equity ETF (BATS:DUSA) Reaches New 12-Month High – Time to Buy?

Davis Select U.S. Equity ETF (BATS:DUSA)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $56.88 and last traded at $56.79, with a volume of 6448 shares traded. The stock had previously closed at $56.18.

Davis Select U.S. Equity ETF Price Performance

The company has a 50-day moving average of $55.60 and a two-hundred day moving average of $53.17. The company has a market capitalization of $897.60 million, a PE ratio of 17.61 and a beta of 0.97.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in DUSA. Dorato Capital Management bought a new position in shares of Davis Select U.S. Equity ETF during the 4th quarter valued at approximately $1,597,000. Summit Wealth Group LLC Co. bought a new stake in Davis Select U.S. Equity ETF in the fourth quarter worth $2,548,000. Next Level Private LLC boosted its stake in Davis Select U.S. Equity ETF by 16.7% during the first quarter. Next Level Private LLC now owns 435,158 shares of the company’s stock worth $22,080,000 after buying an additional 62,218 shares during the period. WJ Wealth Management LLC bought a new position in Davis Select U.S. Equity ETF during the fourth quarter valued at $2,359,000. Finally, Melone Private Wealth LLC increased its position in Davis Select U.S. Equity ETF by 1,050.9% during the fourth quarter. Melone Private Wealth LLC now owns 294,343 shares of the company’s stock valued at $15,050,000 after acquiring an additional 268,768 shares during the last quarter.

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.