Davis Select Worldwide ETF (BATS:DWLD) Stock Passes Above 200-Day Moving Average – What’s Next?

Davis Select Worldwide ETF (BATS:DWLD)’s stock price crossed 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 company has a 50 day simple moving average of $37.80 and a 200 day simple moving average of $35.17. The company has a market capitalization of $353.44 million, a PE ratio of 14.94 and a beta of 1.12.

Hedge Funds Weigh In On Davis Select Worldwide ETF

Several hedge funds and other institutional investors have recently made changes to their positions in DWLD. Macroview Investment Management LLC acquired a new position in Davis Select Worldwide ETF in the 2nd quarter worth $64,000. First Horizon Advisors Inc. acquired a new position in Davis Select Worldwide ETF in the 3rd quarter worth $129,000. Confluence Wealth Services Inc. lifted its holdings in Davis Select Worldwide ETF by 76.6% in the 2nd quarter. Confluence Wealth Services Inc. now owns 13,420 shares of the company’s stock worth $448,000 after buying an additional 5,822 shares in the last quarter. Silver Oak Securities Incorporated acquired a new position in Davis Select Worldwide ETF in the 3rd quarter worth $590,000. Finally, Heritage Wealth Management Inc. acquired a new position in Davis Select Worldwide ETF in the 2nd quarter worth $667,000.

Davis Select Worldwide ETF Company Profile

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.