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

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) hit a new 52-week high during trading on Wednesday . The company traded as high as $59.93 and last traded at $59.86, with a volume of 36093 shares traded. The stock had previously closed at $59.56.

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

The business’s 50 day moving average price is $57.98 and its 200 day moving average price is $56.95. The firm has a market cap of $1.89 billion, a PE ratio of 16.69 and a beta of 0.93.

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

Several hedge funds have recently bought and sold shares of DSTL. LRI Investments LLC increased its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 8.9% in the second quarter. LRI Investments LLC now owns 9,805 shares of the company’s stock worth $543,000 after buying an additional 801 shares during the last quarter. Adirondack Trust Co. acquired a new position in Distillate U.S. Fundamental Stability & Value ETF during the 2nd quarter valued at about $47,000. Team Financial Group LLC acquired a new stake in Distillate U.S. Fundamental Stability & Value ETF in the 3rd quarter valued at approximately $59,000. EverSource Wealth Advisors LLC raised its stake in Distillate U.S. Fundamental Stability & Value ETF by 5,565.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,643 shares of the company’s stock valued at $91,000 after acquiring an additional 1,614 shares in the last quarter. Finally, Aspect Partners LLC boosted its position in Distillate U.S. Fundamental Stability & Value ETF by 7.6% during the 3rd quarter. Aspect Partners LLC now owns 48,119 shares of the company’s stock worth $2,789,000 after acquiring an additional 3,392 shares during the period.

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.