Thrivent Financial for Lutherans Acquires New Stake in Davis Select Financial ETF $DFNL

Thrivent Financial for Lutherans acquired a new stake in Davis Select Financial ETF (BATS:DFNL) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 858,982 shares of the company’s stock, valued at approximately $41,646,000. Thrivent Financial for Lutherans owned about 12.92% of Davis Select Financial ETF at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of DFNL. Jane Street Group LLC lifted its stake in Davis Select Financial ETF by 260.6% in the second quarter. Jane Street Group LLC now owns 50,000 shares of the company’s stock valued at $2,147,000 after purchasing an additional 36,136 shares during the last quarter. Bank of America Corp DE lifted its stake in Davis Select Financial ETF by 18.7% in the second quarter. Bank of America Corp DE now owns 192,240 shares of the company’s stock valued at $8,255,000 after purchasing an additional 30,315 shares during the last quarter. Summit Wealth Group LLC Co. purchased a new position in Davis Select Financial ETF in the fourth quarter valued at approximately $1,085,000. Perigon Wealth Management LLC purchased a new position in Davis Select Financial ETF in the fourth quarter valued at approximately $872,000. Finally, Raymond James Financial Inc. lifted its stake in Davis Select Financial ETF by 32.9% in the second quarter. Raymond James Financial Inc. now owns 50,187 shares of the company’s stock valued at $2,155,000 after purchasing an additional 12,413 shares during the last quarter.

Davis Select Financial ETF Trading Down 0.2%

Davis Select Financial ETF stock opened at $45.72 on Friday. The company has a market cap of $304.04 million, a price-to-earnings ratio of 13.00 and a beta of 0.97. The business’s 50 day simple moving average is $45.92 and its 200 day simple moving average is $46.93. Davis Select Financial ETF has a 12 month low of $39.86 and a 12 month high of $50.59.

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.