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

Kovitz Core Equity ETF (NYSEARCA:EQTY) was the recipient of a large decrease in short interest in February. As of February 27th, there was short interest totaling 5,423 shares, a decrease of 55.6% from the February 12th total of 12,210 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 42,505 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 42,505 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Kovitz Core Equity ETF Stock Performance

Shares of EQTY stock traded down $0.41 during midday trading on Thursday, reaching $26.03. 10,737 shares of the company were exchanged, compared to its average volume of 37,759. The company’s 50 day moving average price is $27.44 and its two-hundred day moving average price is $26.61. The company has a market cap of $1.26 billion, a P/E ratio of 27.78 and a beta of 0.99. Kovitz Core Equity ETF has a 12 month low of $20.40 and a 12 month high of $28.17.

Kovitz Core Equity ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 26th were paid a $0.0061 dividend. This represents a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, December 26th.

Hedge Funds Weigh In On Kovitz Core Equity ETF

An institutional investor recently bought a new position in Kovitz Core Equity ETF stock. Basepoint Wealth LLC purchased a new position in Kovitz Core Equity ETF (NYSEARCA:EQTY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,542 shares of the company’s stock, valued at approximately $69,000.

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.