Melone Private Wealth LLC Increases Stock Holdings in Davis Select U.S. Equity ETF $DUSA

Melone Private Wealth LLC raised its holdings in Davis Select U.S. Equity ETF (BATS:DUSA) by 76.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 25,575 shares of the company’s stock after acquiring an additional 11,063 shares during the quarter. Davis Select U.S. Equity ETF makes up about 0.6% of Melone Private Wealth LLC’s holdings, making the stock its 29th largest holding. Melone Private Wealth LLC’s holdings in Davis Select U.S. Equity ETF were worth $1,225,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the business. Raymond James Financial Inc. increased its holdings in shares of Davis Select U.S. Equity ETF by 21.5% during the second quarter. Raymond James Financial Inc. now owns 325,920 shares of the company’s stock valued at $15,084,000 after acquiring an additional 57,608 shares in the last quarter. Priebe Wealth Holdings LLC grew its position in Davis Select U.S. Equity ETF by 34.1% during the 2nd quarter. Priebe Wealth Holdings LLC now owns 166,315 shares of the company’s stock worth $7,697,000 after purchasing an additional 42,325 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in Davis Select U.S. Equity ETF by 41.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 124,481 shares of the company’s stock valued at $5,761,000 after purchasing an additional 36,358 shares in the last quarter. Next Level Private LLC raised its holdings in shares of Davis Select U.S. Equity ETF by 8.2% in the second quarter. Next Level Private LLC now owns 318,009 shares of the company’s stock worth $14,717,000 after buying an additional 24,092 shares during the last quarter. Finally, DAVENPORT & Co LLC raised its holdings in shares of Davis Select U.S. Equity ETF by 196.7% in the third quarter. DAVENPORT & Co LLC now owns 16,303 shares of the company’s stock worth $781,000 after buying an additional 10,808 shares during the last quarter.

Davis Select U.S. Equity ETF Price Performance

Shares of DUSA opened at $51.96 on Monday. The firm has a market capitalization of $821.03 million, a PE ratio of 17.61 and a beta of 0.97. Davis Select U.S. Equity ETF has a 1-year low of $36.83 and a 1-year high of $47.32. The company’s fifty day moving average price is $49.50 and its 200-day moving average price is $47.85.

Davis Select U.S. Equity ETF Profile

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.