(DFNL) Davis Select Financial - Ratings and Ratios

The Davis Select Financial ETF (BATS:DFNL) is an exchange-traded fund managed by Davis Selected Advisers, L.P., which employs the Davis Investment Discipline. Under normal market conditions, the fund allocates at least 80% of its net assets plus any borrowings for investment purposes in securities of companies primarily engaged in the financial services sector. This includes banks, insurance companies, asset managers, and other financial institutions. The portfolio typically holds between 15 and 35 positions, focusing predominantly on common stocks. The fund does not restrict its investments by market capitalization, allowing it to invest in large, medium, or small companies. It may also hold securities of foreign issuers, including those in developed or emerging markets. As a non-diversified fund, it may concentrate its investments in a smaller number of issuers compared to diversified funds.

From a technical perspective, DFNL is currently trading above its 20-day, 50-day, and 200-day simple moving averages (SMA), indicating positive momentum. The 20-day SMA of 40.39 and 50-day SMA of 39.43 suggest short-term strength, while the 200-day SMA of 36.40 reflects longer-term upward trends. The Average True Range (ATR) of 0.50 highlights relatively low volatility. With an average volume of 17,452 shares over the past 20 days, liquidity is moderate. The fund’s assets under management (AUM) stand at $255.85 million, reflecting its scale in the financial sector ETF space.