Kovitz Core Equity ETF (NYSEARCA:EQTY) Sees Strong Trading Volume – Should You Buy?

Kovitz Core Equity ETF (NYSEARCA:EQTY) saw unusually-strong trading volume on Friday . Approximately 62,591 shares traded hands during trading, an increase of 69% from the previous session’s volume of 37,048 shares.The stock last traded at $26.00 and had previously closed at $26.03.

Kovitz Core Equity ETF Trading Down 0.1%

The company has a market cap of $1.26 billion, a PE ratio of 27.78 and a beta of 0.99. The company’s 50 day moving average is $27.44 and its 200 day moving average is $26.61.

Kovitz Core Equity ETF Dividend Announcement

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

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 Kovitz Core Equity ETF (NYSEARCA:EQTY) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 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.