Summit Wealth Group LLC Co. Takes Position in Davis Select Financial ETF $DFNL

Summit Wealth Group LLC Co. acquired a new stake in shares of Davis Select Financial ETF (BATS:DFNL) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 22,449 shares of the company’s stock, valued at approximately $1,085,000. Summit Wealth Group LLC Co. owned about 0.34% of Davis Select Financial ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in DFNL. Raymond James Financial Inc. raised its position in shares of Davis Select Financial ETF by 32.9% during the second quarter. Raymond James Financial Inc. now owns 50,187 shares of the company’s stock valued at $2,155,000 after buying an additional 12,413 shares during the last quarter. Jane Street Group LLC raised its position in shares of Davis Select Financial ETF by 260.6% during the second quarter. Jane Street Group LLC now owns 50,000 shares of the company’s stock valued at $2,147,000 after buying an additional 36,136 shares during the last quarter. Bank of America Corp DE raised its position in shares of Davis Select Financial ETF by 18.7% during the second quarter. Bank of America Corp DE now owns 192,240 shares of the company’s stock valued at $8,255,000 after buying an additional 30,315 shares during the last quarter. Geneos Wealth Management Inc. raised its position in Davis Select Financial ETF by 77.9% in the second quarter. Geneos Wealth Management Inc. now owns 16,867 shares of the company’s stock worth $724,000 after purchasing an additional 7,384 shares in the last quarter. Finally, CWM LLC raised its position in Davis Select Financial ETF by 34.6% in the third quarter. CWM LLC now owns 1,750 shares of the company’s stock worth $79,000 after purchasing an additional 450 shares in the last quarter.

Davis Select Financial ETF Stock Up 0.4%

BATS:DFNL opened at $46.15 on Wednesday. Davis Select Financial ETF has a 12-month low of $39.86 and a 12-month high of $50.59. The firm has a market capitalization of $306.90 million, a PE ratio of 13.00 and a beta of 0.97. The firm has a 50-day moving average price of $45.98 and a 200 day moving average price of $46.92.

About Davis Select Financial ETF

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.