Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Reaches New 52-Week High – Should You Buy?

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) shares reached a new 52-week high on Monday . The company traded as high as $58.86 and last traded at $58.86, with a volume of 3866 shares traded. The stock had previously closed at $58.17.

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

The firm has a 50-day moving average of $56.75 and a 200-day moving average of $54.34. The stock has a market cap of $2.02 billion, a PE ratio of 21.24 and a beta of 0.84.

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

Several large investors have recently added to or reduced their stakes in DSTL. Aspect Partners LLC boosted its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 4.8% in the 1st quarter. Aspect Partners LLC now owns 28,764 shares of the company’s stock worth $1,551,000 after purchasing an additional 1,330 shares in the last quarter. Park National Corp OH acquired a new position in Distillate U.S. Fundamental Stability & Value ETF during the second quarter valued at $23,840,000. Bank of New York Mellon Corp grew its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 16.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 369,065 shares of the company’s stock worth $18,966,000 after purchasing an additional 51,122 shares during the period. Perritt Capital Management Inc grew its holdings in Distillate U.S. Fundamental Stability & Value ETF by 4.4% in the second quarter. Perritt Capital Management Inc now owns 123,479 shares of the company’s stock valued at $6,346,000 after purchasing an additional 5,216 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 2.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 15,107 shares of the company’s stock valued at $857,000 after buying an additional 289 shares in 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.