Davis Select U.S. Equity ETF $DUSA is Melone Private Wealth LLC’s 2nd Largest Position

Melone Private Wealth LLC grew its stake in Davis Select U.S. Equity ETF (BATS:DUSA) by 3.2% during the second quarter, Holdings Channel.com reports. The fund owned 327,833 shares of the company’s stock after purchasing an additional 10,250 shares during the quarter. Davis Select U.S. Equity ETF makes up 5.7% of Melone Private Wealth LLC’s investment portfolio, making the stock its 2nd biggest position. 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 reporting period.

A number of other institutional investors have also modified their holdings of DUSA. Next Level Private LLC grew its stake in Davis Select U.S. Equity ETF by 16.7% in the first quarter. Next Level Private LLC now owns 435,158 shares of the company’s stock worth $22,080,000 after purchasing an additional 62,218 shares in the last quarter. Summit Wealth Group LLC Co. purchased a new stake in shares of Davis Select U.S. Equity ETF in the 4th quarter worth $2,548,000. WJ Wealth Management LLC bought a new position in shares of Davis Select U.S. Equity ETF during the 4th quarter worth $2,359,000. 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 buying an additional 94,125 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Davis Select U.S. Equity ETF by 16.3% during the first quarter. Royal Bank of Canada now owns 79,291 shares of the company’s stock valued at $4,023,000 after buying an additional 11,115 shares during the period.

Davis Select U.S. Equity ETF Price Performance

DUSA stock opened at $57.20 on Friday. The business has a 50-day moving average price of $57.23 and a 200 day moving average price of $54.92. The company has a market capitalization of $903.76 million, a P/E ratio of 17.61 and a beta of 0.97. Davis Select U.S. Equity ETF has a 1-year low of $46.50 and a 1-year high of $58.53.

Davis Select U.S. Equity ETF Company 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.