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

Shares of Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) saw an uptick in trading volume on Wednesday . 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 company has a market cap of $1.95 billion, a P/E ratio of 21.24 and a beta of 0.84. The company’s fifty day moving average is $56.55 and its 200 day moving average is $54.17.

Hedge Funds Weigh In On Distillate U.S. Fundamental Stability & Value ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Park National Corp OH grew its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 23.9% during the third quarter. Park National Corp OH now owns 574,661 shares of the company’s stock worth $32,601,000 after purchasing an additional 110,764 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 16.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 369,065 shares of the company’s stock valued at $18,966,000 after purchasing an additional 51,122 shares during the last quarter. Perritt Capital Management Inc raised its position 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 worth $6,346,000 after purchasing an additional 5,216 shares during the period. Perritt Capital Management Inc. grew its position in Distillate U.S. Fundamental Stability & Value ETF by 11.7% in the 1st 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 last quarter. Finally, Aspect Partners LLC grew its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 3.3% in the third quarter. Aspect Partners LLC now owns 41,098 shares of the company’s stock worth $2,331,000 after purchasing an additional 1,323 shares during 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.