Kestra Advisory Services LLC Sells 9,839 Shares of Davis Select U.S. Equity ETF $DUSA

Kestra Advisory Services LLC lowered its stake in Davis Select U.S. Equity ETF (BATS:DUSA) by 1.1% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 912,023 shares of the company’s stock after selling 9,839 shares during the period. Kestra Advisory Services LLC owned approximately 0.06% of Davis Select U.S. Equity ETF worth $46,276,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE increased its holdings in shares of Davis Select U.S. Equity ETF by 66.5% during the third quarter. Bank of America Corp DE now owns 1,041,927 shares of the company’s stock worth $49,908,000 after buying an additional 416,004 shares in the last quarter. Melone Private Wealth LLC boosted its holdings in shares of Davis Select U.S. Equity ETF by 1,050.9% during the 4th 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 in the last quarter. Morgan Stanley boosted its holdings in shares of Davis Select U.S. Equity ETF by 3.9% during the 4th quarter. Morgan Stanley now owns 4,312,238 shares of the company’s stock valued at $220,485,000 after acquiring an additional 163,801 shares in the last quarter. Wells Fargo & Company MN grew its position in Davis Select U.S. Equity ETF by 29.3% during the 4th quarter. Wells Fargo & Company MN now owns 427,654 shares of the company’s stock worth $21,866,000 after acquiring an additional 96,943 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in Davis Select U.S. Equity ETF by 22.9% during the 3rd quarter. Raymond James Financial Inc. now owns 400,513 shares of the company’s stock worth $19,185,000 after acquiring an additional 74,593 shares during the last quarter.

Davis Select U.S. Equity ETF Stock Up 0.5%

Shares of DUSA opened at $56.95 on Friday. The stock has a market cap of $899.81 million, a PE ratio of 17.61 and a beta of 0.97. Davis Select U.S. Equity ETF has a 12-month low of $44.92 and a 12-month high of $57.37. The business has a 50-day simple moving average of $55.94 and a two-hundred day simple moving average of $53.44.

Davis Select U.S. Equity ETF 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.