Kovitz Core Equity ETF (NYSEARCA:EQTY) Sees Significant Decrease in Short Interest

Kovitz Core Equity ETF (NYSEARCA:EQTYGet Free Report) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 555 shares, a drop of 81.8% from the May 14th total of 3,057 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 88,303 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Kovitz Core Equity ETF stock. Basepoint Wealth LLC bought a new position in shares of Kovitz Core Equity ETF (NYSEARCA:EQTYFree Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,542 shares of the company’s stock, valued at approximately $69,000.

Kovitz Core Equity ETF Trading Down 1.4%

NYSEARCA:EQTY traded down $0.38 during trading hours on Wednesday, hitting $27.37. 10,363 shares of the company were exchanged, compared to its average volume of 37,353. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 27.78 and a beta of 0.95. Kovitz Core Equity ETF has a one year low of $24.00 and a one year high of $28.17. The company has a fifty day simple moving average of $27.07 and a 200 day simple moving average of $27.01.

Kovitz Core Equity ETF Company Profile

(Get Free Report)

The Kovitz Core Equity ETF (EQTY) is an exchange-traded fund that mostly invests in total market equity. The fund is a narrow, core equity portfolio of companies believed by the adviser to be high quality and undervalued. The actively managed fund invests in large- and mid-cap companies around the globe. EQTY was launched on Dec 28, 2011 and is managed by Kovitz.

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