Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Reaches New 1-Year High – Here’s What Happened
by Kim Johansen · The Markets DailyShares of Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $63.03 and last traded at $63.03, with a volume of 460 shares. The stock had previously closed at $61.85.
Distillate U.S. Fundamental Stability & Value ETF Stock Up 1.2%
The stock has a fifty day simple moving average of $59.87 and a 200 day simple moving average of $59.80. The firm has a market capitalization of $1.91 billion, a P/E ratio of 16.69 and a beta of 0.85.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its holdings 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 buying an additional 1,614 shares in the last quarter. Team Financial Group LLC lifted its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 73.2% in the fourth quarter. Team Financial Group LLC now owns 1,777 shares of the company’s stock worth $105,000 after buying an additional 751 shares in the last quarter. Flagship Harbor Advisors LLC lifted its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 1.2% in the fourth quarter. Flagship Harbor Advisors LLC now owns 29,839 shares of the company’s stock worth $1,758,000 after buying an additional 359 shares in the last quarter. Aspect Partners LLC boosted its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 13.9% during the fourth quarter. Aspect Partners LLC now owns 54,804 shares of the company’s stock worth $3,228,000 after acquiring an additional 6,685 shares during the last quarter. Finally, LRI Investments LLC grew its stake in Distillate U.S. Fundamental Stability & Value ETF by 14.2% during the fourth quarter. LRI Investments LLC now owns 57,198 shares of the company’s stock valued at $3,369,000 after acquiring an additional 7,098 shares in the last quarter.
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.
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