Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Sets New 12-Month High – Should You Buy?

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) hit a new 52-week high on Tuesday . The company traded as high as $60.42 and last traded at $60.3450, with a volume of 6079 shares traded. The stock had previously closed at $60.30.

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

The firm has a fifty day moving average of $58.54 and a 200 day moving average of $57.45. The company has a market capitalization of $1.89 billion, a P/E ratio of 16.69 and a beta of 0.93.

Institutional Trading of Distillate U.S. Fundamental Stability & Value ETF

Hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its stake in Distillate U.S. Fundamental Stability & Value ETF by 154.5% during the second quarter. JPMorgan Chase & Co. now owns 81,214 shares of the company’s stock worth $4,495,000 after acquiring an additional 49,298 shares during the last quarter. LRI Investments LLC increased its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 411.0% during the third quarter. LRI Investments LLC now owns 50,100 shares of the company’s stock valued at $2,904,000 after buying an additional 40,295 shares during the period. Steel Grove Capital Advisors LLC lifted its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 1.9% in the 2nd quarter. Steel Grove Capital Advisors LLC now owns 606,155 shares of the company’s stock worth $33,551,000 after purchasing an additional 11,401 shares during the period. Aspect Partners LLC raised its position in shares of 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 acquiring an additional 3,731 shares in 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 valued at about $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.