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

Shares of Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $61.83 and last traded at $61.58, with a volume of 209151 shares changing hands. The stock had previously closed at $61.35.

Distillate U.S. Fundamental Stability & Value ETF Stock Down 1.3%

The stock has a 50-day moving average price of $59.89 and a 200 day moving average price of $58.15. The firm has a market capitalization of $1.91 billion, a price-to-earnings 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 large investors have recently modified their holdings of the company. Team Financial Group LLC acquired a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF in the 3rd quarter valued at $59,000. EverSource Wealth Advisors LLC increased its holdings in Distillate U.S. Fundamental Stability & Value ETF by 5,565.5% in the second quarter. EverSource Wealth Advisors LLC now owns 1,643 shares of the company’s stock valued at $91,000 after buying an additional 1,614 shares during the last quarter. DMC Group LLC purchased a new position in Distillate U.S. Fundamental Stability & Value ETF in the third quarter valued at $201,000. Flagship Harbor Advisors LLC raised its stake in Distillate U.S. Fundamental Stability & Value ETF by 1.2% in the fourth quarter. Flagship Harbor Advisors LLC now owns 29,839 shares of the company’s stock valued at $1,758,000 after buying an additional 359 shares in the last quarter. Finally, Aspect Partners LLC lifted its holdings in Distillate U.S. Fundamental Stability & Value ETF by 9.1% during 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 during the last quarter.

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.