Davis Select Worldwide ETF (BATS:DWLD) Stock Passes Above 200-Day Moving Average – What’s Next?

Davis Select Worldwide ETF (BATS:DWLD)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $35.15 and traded as high as $38.48. Davis Select Worldwide ETF shares last traded at $38.39, with a volume of 6,758 shares trading hands.

Davis Select Worldwide ETF Stock Performance

The stock has a market cap of $353.44 million, a price-to-earnings ratio of 14.94 and a beta of 1.12. The company’s 50 day simple moving average is $37.80 and its two-hundred day simple moving average is $35.17.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in DWLD. Macroview Investment Management LLC bought a new position in shares of Davis Select Worldwide ETF during the 2nd quarter valued at $64,000. First Horizon Advisors Inc. bought a new position in shares of Davis Select Worldwide ETF during the 3rd quarter valued at $129,000. Confluence Wealth Services Inc. raised its holdings in shares of Davis Select Worldwide ETF by 76.6% during the 2nd quarter. Confluence Wealth Services Inc. now owns 13,420 shares of the company’s stock valued at $448,000 after purchasing an additional 5,822 shares in the last quarter. Silver Oak Securities Incorporated bought a new position in shares of Davis Select Worldwide ETF during the 3rd quarter valued at $590,000. Finally, Heritage Wealth Management Inc. bought a new position in Davis Select Worldwide ETF in the 2nd quarter worth $667,000.

About Davis Select Worldwide ETF

The Davis Select Worldwide ETF (DWLD) is an exchange-traded fund that is based on the MSCI AWCI index. The fund is an actively-managed portfolio of global equities. The fund seeks long-term capital growth. DWLD was launched on Jan 11, 2017 and is managed by Davis.