Kovitz Core Equity ETF (NYSEARCA:EQTY) Sees Unusually-High Trading Volume – Here’s What Happened

Kovitz Core Equity ETF (NYSEARCA:EQTY) shares saw an uptick in trading volume on Wednesday . 83,135 shares traded hands during mid-day trading, an increase of 145% from the previous session’s volume of 33,948 shares.The stock last traded at $27.16 and had previously closed at $27.16.

Kovitz Core Equity ETF Stock Performance

The firm has a fifty day moving average price of $26.58 and a 200 day moving average price of $26.82. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 27.78 and a beta of 0.97.

Hedge Funds Weigh In On Kovitz Core Equity ETF

A hedge fund recently bought a new stake in Kovitz Core Equity ETF stock. Basepoint Wealth LLC acquired a new position in shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund 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.