Kovitz Core Equity ETF (NYSEARCA:EQTY) Sees Large Increase in Short Interest

Kovitz Core Equity ETF (NYSEARCA:EQTYGet Free Report) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 6,960 shares, an increase of 403.6% from the July 15th total of 1,382 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 22,379 shares, the short-interest ratio is currently 0.3 days.

Kovitz Core Equity ETF Stock Performance

Shares of NYSEARCA:EQTY traded up $0.11 on Thursday, hitting $29.98. 6,716 shares of the company were exchanged, compared to its average volume of 33,001. The company’s 50 day moving average price is $28.40 and its two-hundred day moving average price is $27.48. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 27.78 and a beta of 0.93. Kovitz Core Equity ETF has a one year low of $24.74 and a one year high of $30.06.

Institutional Investors Weigh In On Kovitz Core Equity ETF

A hedge fund recently bought a new position in Kovitz Core Equity ETF stock. Basepoint Wealth LLC acquired a new stake in Kovitz Core Equity ETF (NYSEARCA:EQTYFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 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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