Davis Select International ETF (BATS:DINT) Trading Up 32% – Still a Buy?

Shares of Davis Select International ETF (BATS:DINT) rose 32% during mid-day trading on Friday . The company traded as high as $21.55 and last traded at $28.1250. Approximately 10,541 shares traded hands during trading, a decline of 56% from the average daily volume of 24,099 shares. The stock had previously closed at $21.31.

Davis Select International ETF Stock Performance

The firm has a fifty day moving average price of $27.90 and a 200 day moving average price of $26.69. The stock has a market cap of $270.84 million, a PE ratio of 13.73 and a beta of 0.63.

Institutional Investors Weigh In On Davis Select International ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Davis Selected Advisers grew its stake in shares of Davis Select International ETF by 0.5% during the first quarter. Davis Selected Advisers now owns 3,890,080 shares of the company’s stock worth $89,900,000 after acquiring an additional 20,866 shares during the last quarter. Integrity Wealth Advisors Inc. boosted its stake in Davis Select International ETF by 89.6% in the 3rd quarter. Integrity Wealth Advisors Inc. now owns 1,459,482 shares of the company’s stock worth $39,338,000 after purchasing an additional 689,584 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in Davis Select International ETF by 3.5% in the 3rd quarter. Geneos Wealth Management Inc. now owns 292,096 shares of the company’s stock worth $8,173,000 after purchasing an additional 9,753 shares in the last quarter. Lunt Capital Management Inc. grew its position in Davis Select International ETF by 0.7% during the 3rd quarter. Lunt Capital Management Inc. now owns 141,027 shares of the company’s stock worth $3,946,000 after purchasing an additional 960 shares during the last quarter. Finally, Optima Capital LLC increased its stake in Davis Select International ETF by 283.2% during the 1st quarter. Optima Capital LLC now owns 135,451 shares of the company’s stock valued at $3,130,000 after purchasing an additional 100,105 shares in the last quarter.

About Davis Select International ETF

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.