Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) saw unusually-high trading volume on Wednesday . Approximately 317,185 shares traded hands during 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 1.7 %

The firm has a fifty day simple moving average of $56.60 and a 200 day simple moving average of $54.19. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 21.24 and a beta of 0.84.

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

A number of institutional investors have recently bought and sold shares of DSTL. LRI Investments LLC acquired a new stake in Distillate U.S. Fundamental Stability & Value ETF during the third quarter valued at approximately $372,000. 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 worth $857,000 after buying an additional 289 shares during the period. Aspect Partners LLC lifted its position in shares of 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 boosted its stake in Distillate U.S. Fundamental Stability & Value ETF by 4.4% in the 2nd 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. grew its position in 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 acquiring an additional 12,365 shares during the period.

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.