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

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) shares reached a new 52-week high during trading on Thursday . The company traded as high as $62.07 and last traded at $62.06, with a volume of 67168 shares traded. The stock had previously closed at $60.76.

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

The firm’s 50-day simple moving average is $59.38 and its 200 day simple moving average is $59.62. The company has a market cap of $1.90 billion, a P/E ratio of 16.69 and a beta of 0.85.

Institutional Investors Weigh In On Distillate U.S. Fundamental Stability & Value ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DSTL. Rothschild Wealth LLC acquired a new position in Distillate U.S. Fundamental Stability & Value ETF in the fourth quarter valued at about $8,800,000. JPMorgan Chase & Co. increased its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 19.4% in the 4th quarter. JPMorgan Chase & Co. now owns 146,924 shares of the company’s stock valued at $8,654,000 after acquiring an additional 23,824 shares during the last quarter. LRI Investments LLC increased its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 14.2% in the 4th quarter. LRI Investments LLC now owns 57,198 shares of the company’s stock valued at $3,369,000 after acquiring an additional 7,098 shares during the last quarter. Aspect Partners LLC raised its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 13.9% in the 4th quarter. Aspect Partners LLC now owns 54,804 shares of the company’s stock valued at $3,228,000 after acquiring an additional 6,685 shares during the period. Finally, Flagship Harbor Advisors LLC raised its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 1.2% in the 4th quarter. Flagship Harbor Advisors LLC now owns 29,839 shares of the company’s stock valued at $1,758,000 after acquiring an additional 359 shares during the period.

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. DSTL was launched on Oct 24, 2018 and is managed by Distillate.