Beacon Harbor Wealth Advisors Inc. Makes New $9.64 Million Investment in Davis Select Financial ETF (BATS:DFNL)

Beacon Harbor Wealth Advisors Inc. bought a new position in shares of Davis Select Financial ETF (BATS:DFNL) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 318,633 shares of the company’s stock, valued at approximately $9,644,000. Davis Select Financial ETF makes up 2.8% of Beacon Harbor Wealth Advisors Inc.’s investment portfolio, making the stock its 5th biggest holding. Beacon Harbor Wealth Advisors Inc. owned approximately 5.27% of Davis Select Financial ETF at the end of the most recent reporting period.

Davis Select Financial ETF Stock Performance

Shares of BATS:DFNL traded up $0.19 on Thursday, hitting $32.52. The company had a trading volume of 3,878 shares. The firm has a market capitalization of $185.36 million, a P/E ratio of 12.64 and a beta of 1.05. The business has a 50-day moving average of $32.10 and a 200 day moving average of $30.07.

Davis Select Financial ETF 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.