D.A. Davidson & CO. Lowers Stock Holdings in Davis Select Financial ETF (BATS:DFNL)

D.A. Davidson & CO. lessened its position in Davis Select Financial ETF (BATS:DFNLFree Report) by 1.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 76,388 shares of the company’s stock after selling 1,347 shares during the quarter. D.A. Davidson & CO.’s holdings in Davis Select Financial ETF were worth $2,825,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Comerica Bank lifted its holdings in 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 buying an additional 409 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in shares of 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 in the last quarter. Carson Advisory Inc. purchased a new position in Davis Select Financial ETF in the third quarter valued at $213,000. Arkansas Financial Group Inc. boosted its holdings in Davis Select Financial ETF by 48.2% in the third quarter. Arkansas Financial Group Inc. now owns 21,511 shares of the company’s stock valued at $796,000 after purchasing an additional 6,993 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in Davis Select Financial ETF during the 2nd quarter worth about $1,608,000.

Davis Select Financial ETF Stock Up 0.3 %

DFNL stock opened at $41.34 on Friday. The firm has a 50-day moving average of $38.39 and a 200-day moving average of $35.81. The firm has a market cap of $239.77 million, a price-to-earnings ratio of 13.22 and a beta of 0.84.

Davis Select Financial ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding DFNL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Davis Select Financial ETF (BATS:DFNLFree Report).

Institutional Ownership by Quarter for Davis Select Financial ETF (BATS:DFNL)

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