Davis Select Financial ETF $DFNL Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. reduced its stake in Davis Select Financial ETF (BATS:DFNL) by 0.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,949 shares of the company’s stock after selling 522 shares during the period. D.A. Davidson & CO.’s holdings in Davis Select Financial ETF were worth $3,390,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. CWM LLC increased its holdings in Davis Select Financial ETF by 160.0% in the 2nd quarter. CWM LLC now owns 1,300 shares of the company’s stock valued at $56,000 after purchasing an additional 800 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Davis Select Financial ETF by 6.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 18,265 shares of the company’s stock valued at $784,000 after purchasing an additional 1,165 shares in the last quarter. J.W. Cole Advisors Inc. increased its holdings in Davis Select Financial ETF by 103.7% in the 1st quarter. J.W. Cole Advisors Inc. now owns 24,689 shares of the company’s stock valued at $970,000 after purchasing an additional 12,570 shares in the last quarter. Arkansas Financial Group Inc. increased its holdings in Davis Select Financial ETF by 8.5% in the 2nd quarter. Arkansas Financial Group Inc. now owns 45,243 shares of the company’s stock valued at $1,969,000 after purchasing an additional 3,535 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Davis Select Financial ETF by 2,063.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 66,993 shares of the company’s stock valued at $2,631,000 after purchasing an additional 63,897 shares in the last quarter.

Davis Select Financial ETF Trading Up 17.3%

Shares of BATS DFNL opened at $44.81 on Friday. Davis Select Financial ETF has a 12-month low of $32.37 and a 12-month high of $44.20. The company has a market cap of $297.99 million, a P/E ratio of 13.00 and a beta of 0.97. The stock has a fifty day moving average price of $44.88 and a 200 day moving average price of $42.38.

About Davis Select Financial ETF

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.