Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Sees Strong Trading Volume – Should You Buy?

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) shares saw unusually-strong trading volume on Wednesday . Approximately 317,185 shares were traded during mid-day trading, an increase of 153% from the previous session’s volume of 125,593 shares.The stock last traded at $56.43 and had previously closed at $56.39.

Distillate U.S. Fundamental Stability & Value ETF Trading Up 0.5 %

The business’s fifty day moving average price is $56.55 and its two-hundred day moving average price is $54.17. The firm has a market cap of $1.95 billion, a P/E ratio of 21.24 and a beta of 0.84.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DSTL. LRI Investments LLC acquired a new position in Distillate U.S. Fundamental Stability & Value ETF during the third quarter valued at approximately $372,000. Integrated Wealth Concepts LLC grew its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 2.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 15,107 shares of the company’s stock valued at $857,000 after purchasing an additional 289 shares during the period. Aspect Partners LLC raised its holdings in Distillate U.S. Fundamental Stability & Value ETF by 4.8% during the 1st quarter. Aspect Partners LLC now owns 28,764 shares of the company’s stock worth $1,551,000 after buying an additional 1,330 shares during the period. Perritt Capital Management Inc lifted its stake 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 buying an additional 5,216 shares in the last quarter. Finally, Perritt Capital Management Inc. boosted its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 11.7% in the first quarter. Perritt Capital Management Inc. now owns 118,263 shares of the company’s stock valued at $6,376,000 after buying an additional 12,365 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.