Raymond James Financial Inc. Buys New Position in Davis Select International ETF (BATS:DINT)

Raymond James Financial Inc. bought a new stake in shares of Davis Select International ETF (BATS:DINT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,248,714 shares of the company’s stock, valued at approximately $27,272,000. Raymond James Financial Inc. owned approximately 14.52% of Davis Select International ETF at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Atria Investments Inc acquired a new position in Davis Select International ETF during the 3rd quarter valued at about $211,000. Atomi Financial Group Inc. acquired a new position in Davis Select International ETF during the 4th quarter valued at about $352,000. Kathleen S. Wright Associates Inc. increased its position in Davis Select International ETF by 7.1% during the 4th quarter. Kathleen S. Wright Associates Inc. now owns 38,903 shares of the company’s stock valued at $850,000 after buying an additional 2,594 shares in the last quarter. Silver Oak Securities Incorporated increased its position in Davis Select International ETF by 16.3% during the 4th quarter. Silver Oak Securities Incorporated now owns 53,319 shares of the company’s stock valued at $1,167,000 after buying an additional 7,467 shares in the last quarter. Finally, Geneos Wealth Management Inc. acquired a new position in Davis Select International ETF during the 4th quarter valued at about $1,171,000.

Davis Select International ETF Stock Up 12.0 %

Shares of BATS:DINT opened at $23.86 on Friday. The firm has a market cap of $214.74 million, a price-to-earnings ratio of 14.81 and a beta of 0.73. The company’s 50-day simple moving average is $22.62 and its 200-day simple moving average is $22.89.

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.