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

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL)’s stock price hit a new 52-week high during trading on Monday. The company traded as high as $70.37 and last traded at $70.3680, with a volume of 10,938 shares changing hands. The stock had previously closed at $69.59.

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

The company has a 50-day moving average of $67.38 and a 200 day moving average of $62.51. The company has a market cap of $2.17 billion, a PE ratio of 16.69 and a beta of 0.85.

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

Large investors have recently modified their holdings of the stock. Adirondack Trust Co. purchased a new stake in Distillate U.S. Fundamental Stability & Value ETF during the 3rd quarter valued at $43,000. Oakworth Capital Inc. bought a new position in Distillate U.S. Fundamental Stability & Value ETF during the third quarter valued at $43,000. Compass Financial Management LLC bought a new position in Distillate U.S. Fundamental Stability & Value ETF during the second quarter valued at $107,000. Team Financial Group LLC purchased a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF in the third quarter valued at $146,000. Finally, Park National Corp OH purchased a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF in the third quarter valued at $489,000.

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