Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Trading 0.1% Higher – Still a Buy?

Shares of Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) shot up 0.1% during trading on Tuesday . The stock traded as high as $55.19 and last traded at $54.92. 104,058 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 125,382 shares. The stock had previously closed at $54.87.

Distillate U.S. Fundamental Stability & Value ETF Trading Down 0.3 %

The stock’s 50 day moving average price is $56.87 and its two-hundred day moving average price is $55.27. The firm has a market capitalization of $1.89 billion, a PE ratio of 21.24 and a beta of 0.84.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. LRI Investments LLC acquired a new position in Distillate U.S. Fundamental Stability & Value ETF in the third quarter valued at $372,000. Integrated Wealth Concepts LLC increased its stake 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 acquiring an additional 289 shares during the last quarter. Aspect Partners LLC lifted its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 3.3% during the 3rd quarter. Aspect Partners LLC now owns 41,098 shares of the company’s stock worth $2,331,000 after acquiring an additional 1,323 shares during the period. Park National Corp OH boosted its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 23.9% in the third quarter. Park National Corp OH now owns 574,661 shares of the company’s stock worth $32,601,000 after acquiring an additional 110,764 shares during the last quarter. Finally, 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.

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.