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

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

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

The stock has a market cap of $2.02 billion, a PE ratio of 21.24 and a beta of 0.84. The firm’s 50 day moving average price is $56.75 and its two-hundred day moving average price is $54.34.

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

A number of institutional investors have recently added to or reduced their stakes in DSTL. Park National Corp OH boosted its stake in Distillate U.S. Fundamental Stability & Value ETF by 23.9% in the third quarter. Park National Corp OH now owns 574,661 shares of the company’s stock worth $32,601,000 after buying an additional 110,764 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Distillate U.S. Fundamental Stability & Value ETF by 16.1% in the second quarter. Bank of New York Mellon Corp now owns 369,065 shares of the company’s stock worth $18,966,000 after purchasing an additional 51,122 shares during the period. Perritt Capital Management Inc boosted its holdings in 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 in the last quarter. Aspect Partners LLC increased its stake in Distillate U.S. Fundamental Stability & Value ETF by 3.3% during the 3rd quarter. Aspect Partners LLC now owns 41,098 shares of the company’s stock valued at $2,331,000 after purchasing an additional 1,323 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in Distillate U.S. Fundamental Stability & Value ETF by 2.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 15,107 shares of the company’s stock valued at $857,000 after acquiring an additional 289 shares in the last quarter.

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.