Davis Select International ETF (BATS:DINT) Trading Up 32% – Here’s What Happened

Davis Select International ETF (BATS:DINT)’s share price was up 32% on Friday . The company traded as high as $21.55 and last traded at $28.1250. Approximately 10,541 shares traded hands during trading, a decline of 56% from the average daily volume of 24,099 shares. The stock had previously closed at $21.31.

Davis Select International ETF Trading Up 32.0%

The company’s 50-day moving average is $27.90 and its 200-day moving average is $26.70. The firm has a market cap of $270.84 million, a price-to-earnings ratio of 13.73 and a beta of 0.63.

Hedge Funds Weigh In On Davis Select International ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Advisory Services Network LLC bought a new stake in shares of Davis Select International ETF during the 3rd quarter worth $36,000. Atria Investments Inc bought a new position in shares of Davis Select International ETF in the second quarter worth about $210,000. J.W. Cole Advisors Inc. acquired a new stake in shares of Davis Select International ETF in the 3rd quarter valued at approximately $210,000. Osaic Holdings Inc. grew its holdings in shares of Davis Select International ETF by 42.3% during the 2nd quarter. Osaic Holdings Inc. now owns 10,039 shares of the company’s stock valued at $260,000 after purchasing an additional 2,982 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC bought a new stake in shares of Davis Select International ETF during the 3rd quarter valued at approximately $274,000.

Davis Select International ETF Company Profile

The Davis Select International ETF (DINT) is an exchange-traded fund that is based on the MSCI ACWI ex-US index. The fund holds an actively-managed portfolio of international companies outside the US, selected based on prospects for long-term growth of capital. DINT was launched on Mar 1, 2018 and is managed by Davis.