Fjell Capital LLC Invests $9.50 Million in Davis Select Worldwide ETF (BATS:DWLD)

Fjell Capital LLC bought a new position in Davis Select Worldwide ETF (BATS:DWLD) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 261,602 shares of the company’s stock, valued at approximately $9,499,000. Davis Select Worldwide ETF makes up about 9.8% of Fjell Capital LLC’s investment portfolio, making the stock its largest holding.

Other hedge funds have also added to or reduced their stakes in the company. D.A. Davidson & CO. lifted its position in shares of Davis Select Worldwide ETF by 2.5% in the 4th quarter. D.A. Davidson & CO. now owns 34,489 shares of the company’s stock worth $1,252,000 after purchasing an additional 849 shares during the period. Heritage Wealth Management Inc. lifted its stake in Davis Select Worldwide ETF by 4.6% during the 3rd quarter. Heritage Wealth Management Inc. now owns 20,570 shares of the company’s stock valued at $780,000 after acquiring an additional 900 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Davis Select Worldwide ETF by 139.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,559 shares of the company’s stock valued at $59,000 after purchasing an additional 908 shares during the last quarter. Private Advisor Group LLC grew its holdings in Davis Select Worldwide ETF by 7.8% during the fourth quarter. Private Advisor Group LLC now owns 12,681 shares of the company’s stock valued at $460,000 after purchasing an additional 915 shares during the period. Finally, First Horizon Advisors Inc. bought a new position in Davis Select Worldwide ETF during the third quarter worth about $129,000.

Davis Select Worldwide ETF Price Performance

DWLD opened at $38.50 on Wednesday. The firm’s 50 day moving average price is $37.48 and its two-hundred day moving average price is $37.10. The stock has a market cap of $356.13 million, a price-to-earnings ratio of 14.94 and a beta of 1.12.

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.