Davis Select International ETF (BATS:DINT) Stock Falls 1.2% – What’s Next?

Davis Select International ETF (BATS:DINT) was down 1.2% during trading on Wednesday. The company traded as low as $27.77 and last traded at $27.84. 7,059 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 15,857 shares. The stock had previously closed at $28.17.

Davis Select International ETF Trading Up 1.9%

The firm has a market capitalization of $272.43 million, a P/E ratio of 13.73 and a beta of 0.63. The company has a 50 day simple moving average of $29.42 and a two-hundred day simple moving average of $28.94.

Hedge Funds Weigh In On Davis Select International ETF

Hedge funds have recently modified their holdings of the stock. Bank of America Corp DE grew its stake in Davis Select International ETF by 22.5% during the first quarter. Bank of America Corp DE now owns 102,327 shares of the company’s stock valued at $2,754,000 after acquiring an additional 18,815 shares in the last quarter. Royal Bank of Canada lifted its stake in Davis Select International ETF by 9.9% in the 1st quarter. Royal Bank of Canada now owns 105,752 shares of the company’s stock worth $2,846,000 after purchasing an additional 9,490 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Davis Select International ETF by 10.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 325,677 shares of the company’s stock valued at $8,767,000 after purchasing an additional 31,725 shares during the last quarter. Sigma Planning Corp boosted its holdings in shares of Davis Select International ETF by 45.6% during the 1st quarter. Sigma Planning Corp now owns 42,517 shares of the company’s stock valued at $1,144,000 after purchasing an additional 13,306 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its position in shares of Davis Select International ETF by 58.4% during the first quarter. Kestra Advisory Services LLC now owns 14,966 shares of the company’s stock valued at $403,000 after purchasing an additional 5,518 shares in the last quarter.

Davis Select International ETF Company Profile

The Davis Select International ETF (DINT) is an exchange-traded fund that is based on the MSCI ACWI ex-US index. The fund holds an actively-managed portfolio of international companies outside the US, selected based on prospects for long-term growth of capital. DINT was launched on Mar 1, 2018 and is managed by Davis.