Short Interest in Kovitz Core Equity ETF (NYSEARCA:EQTY) Increases By 108.0%

Kovitz Core Equity ETF (NYSEARCA:EQTY) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 3,961 shares, a growth of 108.0% from the August 15th total of 1,904 shares. Based on an average trading volume of 14,216 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor 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:EQTY) during the fourth quarter, according to the company in 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.

Kovitz Core Equity ETF Stock Performance

Shares of NYSEARCA:EQTY traded up $0.13 during midday trading on Monday, hitting $29.22. The company’s stock had a trading volume of 8,982 shares, compared to its average volume of 32,445. The stock’s 50 day simple moving average is $29.23 and its 200 day simple moving average is $27.81. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 27.78 and a beta of 0.93. Kovitz Core Equity ETF has a fifty-two week low of $24.74 and a fifty-two week high of $30.06.

Kovitz Core Equity ETF Company Profile

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.