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

Davis Select U.S. Equity ETF (BATS:DUSA) shares hit a new 52-week high during trading on Monday . The company traded as high as $56.64 and last traded at $56.59, with a volume of 1517 shares traded. The stock had previously closed at $55.56.

Davis Select U.S. Equity ETF Stock Down 0.0%

The stock has a 50 day simple moving average of $54.98 and a 200 day simple moving average of $52.79. The company has a market cap of $893.96 million, a price-to-earnings ratio of 17.61 and a beta of 0.97.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of DUSA. Dorato Capital Management purchased a new stake in Davis Select U.S. Equity ETF during the 4th quarter worth $1,597,000. Summit Wealth Group LLC Co. purchased a new stake in Davis Select U.S. Equity ETF during the 4th quarter worth $2,548,000. Next Level Private LLC increased its stake in Davis Select U.S. Equity ETF by 10.1% during the 4th quarter. Next Level Private LLC now owns 372,940 shares of the company’s stock worth $19,068,000 after buying an additional 34,130 shares during the period. WJ Wealth Management LLC purchased a new stake in Davis Select U.S. Equity ETF during the 4th quarter worth $2,359,000. Finally, Melone Private Wealth LLC increased its stake in 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 worth $15,050,000 after buying an additional 268,768 shares during the period.

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.