CapWealth Advisors LLC Cuts Holdings in Davis Select U.S. Equity ETF (BATS:DUSA)

CapWealth Advisors LLC lowered its stake in shares of Davis Select U.S. Equity ETF (BATS:DUSA) by 4.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 35,466 shares of the company’s stock after selling 1,712 shares during the period. CapWealth Advisors LLC’s holdings in Davis Select U.S. Equity ETF were worth $1,493,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. D.A. Davidson & CO. grew its holdings in shares of Davis Select U.S. Equity ETF by 0.4% in the third quarter. D.A. Davidson & CO. now owns 140,573 shares of the company’s stock worth $5,859,000 after purchasing an additional 582 shares during the last quarter. Lantz Financial LLC grew its holdings in Davis Select U.S. Equity ETF by 5.0% in the 4th quarter. Lantz Financial LLC now owns 21,646 shares of the company’s stock worth $911,000 after acquiring an additional 1,036 shares during the last quarter. Captrust Financial Advisors increased its position in shares of Davis Select U.S. Equity ETF by 4.6% in the third quarter. Captrust Financial Advisors now owns 28,198 shares of the company’s stock valued at $1,175,000 after acquiring an additional 1,250 shares during the period. J.W. Cole Advisors Inc. raised its stake in shares of Davis Select U.S. Equity ETF by 9.1% during the third quarter. J.W. Cole Advisors Inc. now owns 34,099 shares of the company’s stock valued at $1,421,000 after acquiring an additional 2,858 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Davis Select U.S. Equity ETF by 4.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 87,043 shares of the company’s stock worth $3,665,000 after purchasing an additional 3,730 shares during the period.

Davis Select U.S. Equity ETF Stock Performance

Shares of BATS:DUSA opened at $45.99 on Friday. The firm’s 50-day simple moving average is $43.87 and its 200-day simple moving average is $42.47. The stock has a market cap of $579.47 million, a P/E ratio of 15.43 and a beta of 1.03.

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.