Davis Selected Advisers Has $84.50 Million Stake in Davis Select International ETF (BATS:DINT)

Davis Selected Advisers lifted its position in Davis Select International ETF (BATS:DINT) by 0.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,869,214 shares of the company’s stock after purchasing an additional 2,786 shares during the quarter. Davis Selected Advisers owned 44.99% of Davis Select International ETF worth $84,504,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Davis Select International ETF during the fourth quarter worth $27,272,000. Lunt Capital Management Inc. raised its stake in Davis Select International ETF by 8.3% during the fourth quarter. Lunt Capital Management Inc. now owns 128,871 shares of the company’s stock worth $2,815,000 after acquiring an additional 9,852 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in Davis Select International ETF during the fourth quarter worth $1,171,000. Silver Oak Securities Incorporated raised its stake in Davis Select International ETF by 16.3% during the fourth quarter. Silver Oak Securities Incorporated now owns 53,319 shares of the company’s stock worth $1,167,000 after acquiring an additional 7,467 shares in the last quarter. Finally, Kathleen S. Wright Associates Inc. raised its stake in Davis Select International ETF by 7.1% during the fourth quarter. Kathleen S. Wright Associates Inc. now owns 38,903 shares of the company’s stock worth $850,000 after acquiring an additional 2,594 shares in the last quarter.

Davis Select International ETF Stock Up 13.6 %

Davis Select International ETF stock opened at $24.21 on Friday. The business’s 50-day moving average is $22.43 and its two-hundred day moving average is $22.77. The firm has a market capitalization of $217.85 million, a price-to-earnings ratio of 14.81 and a beta of 0.73.

Davis Select International ETF Profile

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.