Davis Select Financial ETF (BATS:DFNL) Shares Sold by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. decreased its holdings in shares of Davis Select Financial ETF (BATS:DFNL) by 10.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,119 shares of the company’s stock after selling 1,425 shares during the period. J.W. Cole Advisors Inc. owned approximately 0.21% of Davis Select Financial ETF worth $462,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Next Level Private LLC increased its position in Davis Select Financial ETF by 1.4% during the 4th quarter. Next Level Private LLC now owns 83,026 shares of the company’s stock worth $3,162,000 after purchasing an additional 1,148 shares during the period. Arkansas Financial Group Inc. increased its position in Davis Select Financial ETF by 48.7% during the 4th quarter. Arkansas Financial Group Inc. now owns 31,981 shares of the company’s stock worth $1,218,000 after purchasing an additional 10,470 shares during the period. Janney Montgomery Scott LLC increased its position in Davis Select Financial ETF by 43.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 17,250 shares of the company’s stock worth $657,000 after purchasing an additional 5,245 shares during the period. Ameritas Advisory Services LLC increased its position in Davis Select Financial ETF by 14.9% during the 4th quarter. Ameritas Advisory Services LLC now owns 9,986 shares of the company’s stock worth $380,000 after purchasing an additional 1,298 shares during the period. Finally, Sanctuary Advisors LLC boosted its stake in shares of Davis Select Financial ETF by 54.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 76,052 shares of the company’s stock worth $3,095,000 after acquiring an additional 26,687 shares in the last quarter.

Davis Select Financial ETF Price Performance

Shares of BATS:DFNL opened at $40.93 on Thursday. The stock has a market cap of $237.39 million, a price-to-earnings ratio of 13.22 and a beta of 0.84. The stock’s 50 day moving average price is $39.43 and its 200 day moving average price is $38.21.

Davis Select Financial ETF Profile

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.