Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Reaches New 12-Month High – Still a Buy?

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $61.95 and last traded at $61.8380, with a volume of 66514 shares. The stock had previously closed at $61.67.

Distillate U.S. Fundamental Stability & Value ETF Trading Up 0.4%

The stock’s fifty day moving average price is $60.37 and its 200 day moving average price is $58.58. The stock has a market cap of $1.94 billion, a P/E ratio of 16.69 and a beta of 0.93.

Institutional Investors Weigh In On Distillate U.S. Fundamental Stability & Value ETF

A number of institutional investors have recently modified their holdings of the stock. Flagship Harbor Advisors LLC increased its stake in Distillate U.S. Fundamental Stability & Value ETF by 1.2% during the 4th quarter. Flagship Harbor Advisors LLC now owns 29,839 shares of the company’s stock valued at $1,758,000 after purchasing an additional 359 shares in the last quarter. Team Financial Group LLC raised its holdings in Distillate U.S. Fundamental Stability & Value ETF by 73.2% in the 4th quarter. Team Financial Group LLC now owns 1,777 shares of the company’s stock worth $105,000 after acquiring an additional 751 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Distillate U.S. Fundamental Stability & Value ETF by 5,565.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,643 shares of the company’s stock valued at $91,000 after acquiring an additional 1,614 shares in the last quarter. Aspect Partners LLC boosted its stake in Distillate U.S. Fundamental Stability & Value ETF by 7.6% during the 3rd quarter. Aspect Partners LLC now owns 48,119 shares of the company’s stock valued at $2,789,000 after purchasing an additional 3,392 shares during the last quarter. Finally, DMC Group LLC bought a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF in the 3rd quarter worth $201,000.

About Distillate U.S. Fundamental Stability & Value ETF

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.