Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Sets New 52-Week High – Here’s What Happened

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $62.99 and last traded at $62.48, with a volume of 103772 shares. The stock had previously closed at $61.86.

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

The stock has a market cap of $1.91 billion, a PE ratio of 16.69 and a beta of 0.85. The company has a 50-day simple moving average of $59.56 and a 200-day simple moving average of $59.70.

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

A number of large investors have recently added to or reduced their stakes in the business. Team Financial Group LLC increased its position in Distillate U.S. Fundamental Stability & Value ETF by 53.6% during the first quarter. Team Financial Group LLC now owns 2,729 shares of the company’s stock worth $158,000 after buying an additional 952 shares in the last quarter. Rothschild Wealth LLC acquired a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF during the fourth quarter valued at $8,800,000. JPMorgan Chase & Co. increased its position in Distillate U.S. Fundamental Stability & Value ETF by 19.4% during the 4th quarter. JPMorgan Chase & Co. now owns 146,924 shares of the company’s stock worth $8,654,000 after purchasing an additional 23,824 shares in the last quarter. LRI Investments LLC increased its position in Distillate U.S. Fundamental Stability & Value ETF by 14.2% during the 4th quarter. LRI Investments LLC now owns 57,198 shares of the company’s stock worth $3,369,000 after purchasing an additional 7,098 shares in the last quarter. Finally, Aspect Partners LLC raised its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 13.9% in the fourth quarter. Aspect Partners LLC now owns 54,804 shares of the company’s stock valued at $3,228,000 after buying an additional 6,685 shares during the last quarter.

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.