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

Kovitz Core Equity ETF (NYSEARCA:EQTY) shares saw strong trading volume on Thursday . 78,062 shares traded hands during trading, an increase of 113% from the previous session’s volume of 36,697 shares.The stock last traded at $27.62 and had previously closed at $27.99.

Kovitz Core Equity ETF Stock Up 1.0%

The business’s fifty day moving average is $27.35 and its 200 day moving average is $27.09. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 27.78 and a beta of 0.95.

Institutional Investors Weigh In On Kovitz Core Equity ETF

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

About Kovitz Core Equity ETF

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.