Davis Select Financial ETF (BATS:DFNL) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Davis Select Financial ETF (BATS:DFNL)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $35.54 and traded as high as $40.37. Davis Select Financial ETF shares last traded at $40.21, with a volume of 21,091 shares trading hands.

Davis Select Financial ETF Trading Up 1.2 %

The company’s fifty day moving average is $38.01 and its 200-day moving average is $35.60. The firm has a market capitalization of $236.00 million, a P/E ratio of 13.22 and a beta of 0.84.

Institutional Trading of Davis Select Financial ETF

Hedge funds have recently added to or reduced their stakes in the business. Comerica Bank increased its holdings in shares of Davis Select Financial ETF by 49.8% during the 1st quarter. Comerica Bank now owns 1,230 shares of the company’s stock worth $41,000 after purchasing an additional 409 shares during the period. Benjamin F. Edwards & Company Inc. grew its position in Davis Select Financial ETF by 327.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,710 shares of the company’s stock valued at $57,000 after acquiring an additional 1,310 shares during the period. Carson Advisory Inc. bought a new position in Davis Select Financial ETF during the 3rd quarter valued at about $213,000. Rockefeller Capital Management L.P. boosted its holdings in shares of Davis Select Financial ETF by 5.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 10,653 shares of the company’s stock worth $394,000 after acquiring an additional 567 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in Davis Select Financial ETF by 9.5% in the third quarter. Stifel Financial Corp now owns 14,359 shares of the company’s stock worth $531,000 after purchasing an additional 1,240 shares in the last quarter.

Davis Select Financial ETF Company 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.