Davis Select Worldwide ETF (BATS:DWLD) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Davis Select Worldwide ETF (BATS:DWLD)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $35.15 and traded as high as $38.48. Davis Select Worldwide ETF shares last traded at $38.39, with a volume of 6,758 shares.

Davis Select Worldwide ETF Stock Performance

The stock has a market cap of $355.11 million, a P/E ratio of 14.94 and a beta of 1.12. The firm’s fifty day simple moving average is $37.72 and its 200-day simple moving average is $35.15.

Institutional Investors Weigh In On Davis Select Worldwide ETF

Hedge funds have recently added to or reduced their stakes in the company. Heritage Wealth Management Inc. grew its holdings in shares of Davis Select Worldwide ETF by 4.6% during the third quarter. Heritage Wealth Management Inc. now owns 20,570 shares of the company’s stock valued at $780,000 after buying an additional 900 shares during the last quarter. Macroview Investment Management LLC bought a new position in shares of Davis Select Worldwide ETF in the second quarter valued at approximately $64,000. Raymond James & Associates boosted its position in shares of Davis Select Worldwide ETF by 4.0% during the second quarter. Raymond James & Associates now owns 53,584 shares of the company’s stock valued at $1,787,000 after buying an additional 2,039 shares during the last quarter. First Horizon Advisors Inc. bought a new stake in Davis Select Worldwide ETF during the third quarter worth $129,000. Finally, Cetera Investment Advisers raised its position in Davis Select Worldwide ETF by 19.5% in the 2nd quarter. Cetera Investment Advisers now owns 34,204 shares of the company’s stock valued at $1,141,000 after buying an additional 5,592 shares during the last quarter.

About Davis Select Worldwide ETF

The Davis Select Worldwide ETF (DWLD) is an exchange-traded fund that is based on the MSCI AWCI index. The fund is an actively-managed portfolio of global equities. The fund seeks long-term capital growth. DWLD was launched on Jan 11, 2017 and is managed by Davis.