Stifel Financial Corp Purchases 1,240 Shares of Davis Select Financial ETF (BATS:DFNL)

Stifel Financial Corp boosted its stake in shares of Davis Select Financial ETF (BATS:DFNL) by 9.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 14,359 shares of the company’s stock after buying an additional 1,240 shares during the period. Stifel Financial Corp’s holdings in Davis Select Financial ETF were worth $531,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the company. HighTower Advisors LLC raised its holdings in shares of Davis Select Financial ETF by 73.1% in the 3rd quarter. HighTower Advisors LLC now owns 115,950 shares of the company’s stock valued at $4,285,000 after purchasing an additional 48,949 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of Davis Select Financial ETF by 1.9% during the second quarter. Commonwealth Equity Services LLC now owns 61,847 shares of the company’s stock worth $2,054,000 after purchasing an additional 1,153 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Davis Select Financial ETF in the second quarter valued at approximately $1,608,000. Arkansas Financial Group Inc. grew its holdings in shares of Davis Select Financial ETF by 48.2% during the 3rd quarter. Arkansas Financial Group Inc. now owns 21,511 shares of the company’s stock worth $796,000 after purchasing an additional 6,993 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in shares of Davis Select Financial ETF by 5.6% in the 3rd 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.

Davis Select Financial ETF Price Performance

BATS DFNL opened at $39.38 on Friday. The firm has a market cap of $228.40 million, a price-to-earnings ratio of 13.22 and a beta of 0.84. The stock’s 50-day moving average price is $39.51 and its 200 day moving average price is $36.69.

About Davis Select Financial ETF

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.