Melone Private Wealth LLC Acquires 10,250 Shares of Davis Select U.S. Equity ETF $DUSA

Melone Private Wealth LLC increased its holdings in shares of Davis Select U.S. Equity ETF (BATS:DUSA) by 3.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 327,833 shares of the company’s stock after acquiring an additional 10,250 shares during the quarter. Davis Select U.S. Equity ETF comprises about 7.0% of Melone Private Wealth LLC’s investment portfolio, making the stock its largest holding. Melone Private Wealth LLC’s holdings in Davis Select U.S. Equity ETF were worth $18,418,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. NewEdge Advisors LLC bought a new stake in Davis Select U.S. Equity ETF in the 1st quarter valued at about $289,000. Bank of America Corp DE grew its position in shares of Davis Select U.S. Equity ETF by 6.1% during the 1st quarter. Bank of America Corp DE now owns 1,631,655 shares of the company’s stock worth $82,790,000 after purchasing an additional 94,125 shares in the last quarter. Royal Bank of Canada grew its position in shares of Davis Select U.S. Equity ETF by 16.3% during the 1st quarter. Royal Bank of Canada now owns 79,291 shares of the company’s stock worth $4,023,000 after purchasing an additional 11,115 shares in the last quarter. Sei Investments Co. bought a new position in shares of Davis Select U.S. Equity ETF during the first quarter worth approximately $348,000. Finally, Sanctuary Advisors LLC increased its holdings in shares of Davis Select U.S. Equity ETF by 31.5% during the first quarter. Sanctuary Advisors LLC now owns 31,105 shares of the company’s stock worth $1,578,000 after purchasing an additional 7,445 shares during the period.

Davis Select U.S. Equity ETF Stock Performance

BATS DUSA opened at $57.50 on Monday. The company has a market cap of $908.50 million, a price-to-earnings ratio of 17.61 and a beta of 0.97. The company has a 50 day moving average of $56.66 and a 200-day moving average of $54.31. Davis Select U.S. Equity ETF has a 1-year low of $45.52 and a 1-year high of $58.53.

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.