Davis Select U.S. Equity ETF (BATS:DUSA) Reaches New 52-Week High – Here’s What Happened

Davis Select U.S. Equity ETF (BATS:DUSA)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $55.66 and last traded at $55.46, with a volume of 6596 shares. The stock had previously closed at $55.29.

Davis Select U.S. Equity ETF Price Performance

The stock has a market cap of $879.43 million, a price-to-earnings ratio of 17.61 and a beta of 0.97. The firm has a 50 day simple moving average of $52.31 and a two-hundred day simple moving average of $51.30.

Institutional Investors Weigh In On Davis Select U.S. Equity ETF

Several large investors have recently bought and sold shares of the company. TD Waterhouse Canada Inc. bought a new position in shares of Davis Select U.S. Equity ETF during the fourth quarter worth $41,000. Advisory Services Network LLC bought a new position in Davis Select U.S. Equity ETF during the third quarter worth about $44,000. Birchwood Financial Partners Inc. acquired a new position in Davis Select U.S. Equity ETF in the fourth quarter valued at about $111,000. Fifth Third Bancorp bought a new stake in shares of Davis Select U.S. Equity ETF in the first quarter worth about $216,000. Finally, Arkadios Wealth Advisors acquired a new stake in shares of Davis Select U.S. Equity ETF during the fourth quarter worth about $246,000.

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.