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

Shares of Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) hit a new 52-week high during trading on Wednesday . The stock traded as high as $58.89 and last traded at $58.8710, with a volume of 32308 shares changing hands. The stock had previously closed at $58.37.

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

The stock has a market cap of $1.86 billion, a PE ratio of 16.69 and a beta of 0.93. The business has a 50 day moving average price of $57.62 and a two-hundred day moving average price of $56.42.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Aspect Partners LLC increased its stake in 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 purchasing an additional 3,731 shares during the period. LRI Investments LLC raised its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 8.9% during the second quarter. LRI Investments LLC now owns 9,805 shares of the company’s stock valued at $543,000 after acquiring an additional 801 shares during the last quarter. Steel Grove Capital Advisors LLC boosted its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 1.9% during the second 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. Operose Advisors LLC purchased a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF during the first quarter worth about $37,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 51.6% in the third quarter. JPMorgan Chase & Co. now owns 123,100 shares of the company’s stock worth $7,135,000 after purchasing an additional 41,886 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.