Mercer Global Advisors Inc. ADV Sells 1,742 Shares of Davis Select U.S. Equity ETF (BATS:DUSA)

Mercer Global Advisors Inc. ADV lessened its holdings in Davis Select U.S. Equity ETF (BATS:DUSA) by 6.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,140 shares of the company’s stock after selling 1,742 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Davis Select U.S. Equity ETF were worth $1,143,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Kestra Advisory Services LLC boosted its stake in shares of Davis Select U.S. Equity ETF by 5.4% in the fourth quarter. Kestra Advisory Services LLC now owns 845,682 shares of the company’s stock valued at $35,612,000 after buying an additional 43,363 shares during the period. Raymond James Financial Inc. bought a new stake in Davis Select U.S. Equity ETF during the 4th quarter worth $11,699,000. Next Level Private LLC raised its holdings in Davis Select U.S. Equity ETF by 18.6% in the 4th quarter. Next Level Private LLC now owns 264,170 shares of the company’s stock valued at $11,124,000 after buying an additional 41,521 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Davis Select U.S. Equity ETF by 5.2% during the fourth quarter. LPL Financial LLC now owns 214,976 shares of the company’s stock worth $9,053,000 after purchasing an additional 10,612 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in shares of Davis Select U.S. Equity ETF by 34.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 181,869 shares of the company’s stock valued at $7,659,000 after buying an additional 46,199 shares during the last quarter.

Davis Select U.S. Equity ETF Stock Performance

BATS:DUSA opened at $43.00 on Friday. Davis Select U.S. Equity ETF has a 52 week low of $36.83 and a 52 week high of $46.24. The firm’s fifty day moving average is $41.70 and its 200-day moving average is $43.14. The firm has a market cap of $674.16 million, a P/E ratio of 15.70 and a beta of 0.99.

Davis Select U.S. Equity ETF Profile

The Davis Select U.S. Equity ETF (DUSA) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed portfolio of US large-cap stocks. The fund seeks long-term capital growth and capital preservation. DUSA was launched on Jan 11, 2017 and is managed by Davis.