Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Sees Strong Trading Volume – Here’s What Happened

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) shares saw an uptick in trading volume on Tuesday . 1,292,552 shares changed hands during mid-day trading, an increase of 947% from the previous session’s volume of 123,494 shares.The stock last traded at $56.09 and had previously closed at $55.87.

Distillate U.S. Fundamental Stability & Value ETF Trading Up 0.6 %

The firm has a market capitalization of $1.94 billion, a PE ratio of 21.24 and a beta of 0.84. The stock’s 50 day moving average price is $56.13 and its two-hundred day moving average price is $56.32.

Institutional Trading of Distillate U.S. Fundamental Stability & Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Madison Investment Advisors LLC acquired a new stake in Distillate U.S. Fundamental Stability & Value ETF in the 4th quarter worth about $72,441,000. Park National Corp OH grew its position in Distillate U.S. Fundamental Stability & Value ETF by 3.8% during the fourth quarter. Park National Corp OH now owns 596,346 shares of the company’s stock valued at $32,754,000 after acquiring an additional 21,685 shares during the period. Perritt Capital Management Inc increased its stake in Distillate U.S. Fundamental Stability & Value ETF by 5.4% during the fourth quarter. Perritt Capital Management Inc now owns 131,465 shares of the company’s stock worth $7,221,000 after acquiring an additional 6,791 shares during the last quarter. Aspect Partners LLC raised its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 6.4% in the 4th quarter. Aspect Partners LLC now owns 43,724 shares of the company’s stock worth $2,401,000 after purchasing an additional 2,626 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 20.4% in the 4th quarter. JPMorgan Chase & Co. now owns 28,405 shares of the company’s stock valued at $1,560,000 after purchasing an additional 4,818 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.