Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Sets New 12-Month Low – Here’s Why

Shares of Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) reached a new 52-week low during trading on Friday . The stock traded as low as $50.36 and last traded at $50.31, with a volume of 13701 shares trading hands. The stock had previously closed at $52.29.

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

The business’s 50-day moving average is $55.48 and its 200 day moving average is $56.23. The firm has a market capitalization of $1.72 billion, a P/E ratio of 17.87 and a beta of 0.97.

Distillate U.S. Fundamental Stability & Value ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 26th were paid a $0.2095 dividend. This is a boost from Distillate U.S. Fundamental Stability & Value ETF’s previous dividend of $0.20. The ex-dividend date was Wednesday, March 26th.

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

Hedge funds have recently added to or reduced their stakes in the stock. LRI Investments LLC acquired a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF during the 3rd quarter worth $372,000. Integrated Wealth Concepts LLC grew its stake in Distillate U.S. Fundamental Stability & Value ETF by 2.0% during the third quarter. Integrated Wealth Concepts LLC now owns 15,107 shares of the company’s stock worth $857,000 after buying an additional 289 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Distillate U.S. Fundamental Stability & Value ETF by 20.4% during the fourth quarter. JPMorgan Chase & Co. now owns 28,405 shares of the company’s stock worth $1,560,000 after buying an additional 4,818 shares in the last quarter. Aspect Partners LLC increased its stake in Distillate U.S. Fundamental Stability & Value ETF by 6.4% in the fourth quarter. Aspect Partners LLC now owns 43,724 shares of the company’s stock valued at $2,401,000 after acquiring an additional 2,626 shares during the last quarter. Finally, Perritt Capital Management Inc increased its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 5.4% in the 4th quarter. Perritt Capital Management Inc now owns 131,465 shares of the company’s stock valued at $7,221,000 after purchasing an additional 6,791 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.