Summit Wealth Group LLC Co. Invests $2.55 Million in Davis Select U.S. Equity ETF $DUSA

Summit Wealth Group LLC Co. bought a new position in Davis Select U.S. Equity ETF (BATS:DUSA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 49,828 shares of the company’s stock, valued at approximately $2,548,000. Summit Wealth Group LLC Co. owned approximately 0.32% of Davis Select U.S. Equity ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of DUSA. TD Waterhouse Canada Inc. purchased a new position in shares of Davis Select U.S. Equity ETF in the fourth quarter worth $41,000. Advisory Services Network LLC purchased a new position in shares of Davis Select U.S. Equity ETF in the third quarter worth $44,000. Great Point Wealth Advisors LLC purchased a new position in shares of Davis Select U.S. Equity ETF in the third quarter worth $262,000. Stratos Wealth Partners LTD. purchased a new position in shares of Davis Select U.S. Equity ETF in the fourth quarter worth $310,000. Finally, Summit Investment Advisory Services LLC purchased a new position in shares of Davis Select U.S. Equity ETF in the third quarter worth $386,000.

Davis Select U.S. Equity ETF Stock Performance

DUSA stock opened at $56.02 on Wednesday. Davis Select U.S. Equity ETF has a one year low of $42.27 and a one year high of $56.22. The company’s fifty day moving average price is $52.52 and its 200-day moving average price is $51.46. The company has a market capitalization of $885.12 million, a PE ratio of 17.61 and a beta of 0.97.

About Davis Select U.S. Equity ETF

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.