Next Level Private LLC Boosts Stake in Davis Select Financial ETF (BATS:DFNL)

Next Level Private LLC raised its holdings in Davis Select Financial ETF (BATS:DFNL) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 83,026 shares of the company’s stock after purchasing an additional 1,148 shares during the quarter. Davis Select Financial ETF accounts for 1.3% of Next Level Private LLC’s holdings, making the stock its 24th largest holding. Next Level Private LLC’s holdings in Davis Select Financial ETF were worth $3,162,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DFNL. Carson Advisory Inc. acquired a new stake in shares of Davis Select Financial ETF in the third quarter valued at $213,000. Ameritas Advisory Services LLC grew its stake in shares of Davis Select Financial ETF by 14.9% in the fourth quarter. Ameritas Advisory Services LLC now owns 9,986 shares of the company’s stock valued at $380,000 after buying an additional 1,298 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of Davis Select Financial ETF by 5.6% in the third quarter. Rockefeller Capital Management L.P. now owns 10,653 shares of the company’s stock valued at $394,000 after buying an additional 567 shares in the last quarter. Stifel Financial Corp grew its stake in shares of Davis Select Financial ETF by 9.5% in the third quarter. Stifel Financial Corp now owns 14,359 shares of the company’s stock valued at $531,000 after buying an additional 1,240 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of Davis Select Financial ETF by 43.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 17,250 shares of the company’s stock valued at $657,000 after buying an additional 5,245 shares in the last quarter.

Davis Select Financial ETF Price Performance

Shares of BATS DFNL opened at $40.52 on Tuesday. The company has a fifty day moving average price of $39.50 and a two-hundred day moving average price of $37.59. The firm has a market capitalization of $235.02 million, a PE ratio of 13.22 and a beta of 0.84.

Davis Select Financial ETF Company 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.