Davis Select U.S. Equity ETF (BATS:DUSA) Hits New 12-Month High – Here’s What Happened

Davis Select U.S. Equity ETF (BATS:DUSA) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $56.88 and last traded at $56.79, with a volume of 6448 shares traded. The stock had previously closed at $56.18.

Davis Select U.S. Equity ETF Stock Up 0.4%

The firm has a market cap of $898.55 million, a price-to-earnings ratio of 17.61 and a beta of 0.97. The stock has a 50 day moving average of $55.71 and a 200 day moving average of $53.24.

Hedge Funds Weigh In On Davis Select U.S. Equity ETF

Several hedge funds have recently bought and sold shares of DUSA. Dorato Capital Management acquired a new stake in shares of Davis Select U.S. Equity ETF during the 4th quarter worth approximately $1,597,000. Summit Wealth Group LLC Co. acquired a new position in Davis Select U.S. Equity ETF during the fourth quarter valued at approximately $2,548,000. Next Level Private LLC lifted its stake in Davis Select U.S. Equity ETF by 16.7% during 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 during the last quarter. WJ Wealth Management LLC bought a new stake in Davis Select U.S. Equity ETF during the fourth quarter worth $2,359,000. Finally, Melone Private Wealth LLC lifted its stake in Davis Select U.S. Equity ETF by 1,050.9% during the fourth quarter. Melone Private Wealth LLC now owns 294,343 shares of the company’s stock worth $15,050,000 after purchasing an additional 268,768 shares during the last quarter.

About Davis Select U.S. Equity ETF

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.