Kovitz Core Equity ETF (NYSEARCA:EQTY) Sees Large Volume Increase – Here’s What Happened

Shares of Kovitz Core Equity ETF (NYSEARCA:EQTYGet Free Report) saw unusually-strong trading volume on Thursday . Approximately 462,250 shares traded hands during mid-day trading, an increase of 1,236% from the previous session’s volume of 34,593 shares.The stock last traded at $27.71 and had previously closed at $27.56.

Kovitz Core Equity ETF Price Performance

The firm’s fifty day moving average price is $26.71 and its 200-day moving average price is $26.89. The firm has a market capitalization of $1.33 billion, a P/E ratio of 27.78 and a beta of 0.97.

Institutional Investors Weigh In On Kovitz Core Equity ETF

A hedge fund recently bought a new stake in Kovitz Core Equity ETF stock. Basepoint Wealth LLC bought a new position in shares of Kovitz Core Equity ETF (NYSEARCA:EQTYFree Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,542 shares of the company’s stock, valued at approximately $69,000.

About Kovitz Core Equity ETF

(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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