Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Sets New 1-Year High – Should You Buy?

Shares of Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) hit a new 52-week high during trading on Tuesday . The stock traded as high as $59.95 and last traded at $59.8950, with a volume of 82925 shares trading hands. The stock had previously closed at $59.31.

Distillate U.S. Fundamental Stability & Value ETF Trading Up 1.0%

The company has a market capitalization of $1.97 billion, a PE ratio of 16.69 and a beta of 0.93. The business’s fifty day moving average is $58.26 and its two-hundred day moving average is $57.26.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Aspect Partners LLC increased its holdings in Distillate U.S. Fundamental Stability & Value ETF by 9.1% in the 2nd quarter. Aspect Partners LLC now owns 44,727 shares of the company’s stock worth $2,476,000 after buying an additional 3,731 shares in the last quarter. LRI Investments LLC lifted its stake in Distillate U.S. Fundamental Stability & Value ETF by 8.9% during the 2nd quarter. LRI Investments LLC now owns 9,805 shares of the company’s stock valued at $543,000 after acquiring an additional 801 shares during the period. Steel Grove Capital Advisors LLC boosted its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 1.9% during the 2nd quarter. Steel Grove Capital Advisors LLC now owns 606,155 shares of the company’s stock valued at $33,551,000 after acquiring an additional 11,401 shares during the last quarter. Adirondack Trust Co. purchased a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF during the 2nd quarter valued at about $47,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 51.6% in the third quarter. JPMorgan Chase & Co. now owns 123,100 shares of the company’s stock worth $7,135,000 after acquiring an additional 41,886 shares during the period.

Distillate U.S. Fundamental Stability & Value ETF Company Profile

The Distillate U.S. Fundamental Stability & Value ETF (DSTL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap stocks that score favourably for financial indebtedness, fundamental stability, and valuation. The portfolio is equally weighted, modified by free cash flow. DSTL was launched on Oct 24, 2018 and is managed by Distillate.