Davis Select Financial ETF (BATS:DFNL) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its stake in shares of Davis Select Financial ETF (BATS:DFNL) by 7.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 60,694 shares of the company’s stock after selling 4,581 shares during the period. Commonwealth Equity Services LLC owned 1.06% of Davis Select Financial ETF worth $2,022,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Beacon Harbor Wealth Advisors Inc. acquired a new stake in Davis Select Financial ETF in the 4th quarter valued at about $9,644,000.

Davis Select Financial ETF Stock Performance

DFNL stock traded down $0.06 during mid-day trading on Friday, reaching $33.60. The company’s stock had a trading volume of 911 shares. The stock has a market cap of $194.86 million, a PE ratio of 13.22 and a beta of 0.84. The company’s fifty day moving average price is $33.27 and its 200 day moving average price is $31.93.

Davis Select Financial ETF 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.