Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Reaches New 1-Year High – What’s Next?

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $58.86 and last traded at $58.86, with a volume of 3866 shares trading hands. The stock had previously closed at $58.17.

Distillate U.S. Fundamental Stability & Value ETF Stock Performance

The stock’s 50 day simple moving average is $56.70 and its 200 day simple moving average is $54.30. The firm has a market cap of $2.03 billion, a P/E ratio of 21.24 and a beta of 0.84.

Hedge Funds Weigh In On Distillate U.S. Fundamental Stability & Value ETF

Several institutional investors have recently modified their holdings of DSTL. Park National Corp OH purchased a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF during the 2nd quarter worth approximately $23,840,000. Bank of New York Mellon Corp grew its stake in Distillate U.S. Fundamental Stability & Value ETF by 16.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 369,065 shares of the company’s stock valued at $18,966,000 after buying an additional 51,122 shares in the last quarter. Aspect Partners LLC raised its holdings in Distillate U.S. Fundamental Stability & Value ETF by 38.3% during the 2nd quarter. Aspect Partners LLC now owns 39,775 shares of the company’s stock valued at $2,044,000 after acquiring an additional 11,011 shares during the period. LRI Investments LLC purchased a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF during the third quarter worth $372,000. Finally, Perritt Capital Management Inc boosted its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 4.4% in the second quarter. Perritt Capital Management Inc now owns 123,479 shares of the company’s stock worth $6,346,000 after acquiring an additional 5,216 shares during the period.

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.