Steel Grove Capital Advisors LLC bought a new position in shares of Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 629,715 shares of the company’s stock, valued at approximately $40,289,000. Distillate U.S. Fundamental Stability & Value ETF makes up 2.6% of Steel Grove Capital Advisors LLC’s investment portfolio, making the stock its 7th largest position.
A number of other hedge funds also recently added to or reduced their stakes in the business. Park National Corp OH acquired a new stake in Distillate U.S. Fundamental Stability & Value ETF during the 3rd quarter worth approximately $489,000. Compass Financial Management LLC acquired a new position in shares of Distillate U.S. Fundamental Stability & Value ETF in the second quarter worth $107,000. Team Financial Group LLC grew its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 53.6% in the first quarter. Team Financial Group LLC now owns 2,729 shares of the company’s stock worth $158,000 after acquiring an additional 952 shares in the last quarter. Finally, Rothschild Wealth LLC purchased a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF during the fourth quarter worth $8,800,000.
Distillate U.S. Fundamental Stability & Value ETF Stock Performance
Shares of Distillate U.S. Fundamental Stability & Value ETF stock traded up $0.21 during trading hours on Tuesday, reaching $65.86. 29,550 shares of the company were exchanged, compared to its average volume of 94,519. The firm has a market cap of $2.04 billion, a PE ratio of 16.69 and a beta of 0.85. Distillate U.S. Fundamental Stability & Value ETF has a 1 year low of $56.08 and a 1 year high of $70.33. The stock’s fifty day moving average is $67.26 and its 200 day moving average is $62.64.
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.
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