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

Shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) saw strong trading volume on Friday . 34,449 shares changed hands during mid-day trading, a decline of 25% from the previous session’s volume of 45,886 shares.The stock last traded at $27.2350 and had previously closed at $27.12.

Kovitz Core Equity ETF Stock Up 0.0%

The business’s 50-day simple moving average is $26.29 and its two-hundred day simple moving average is $25.76. The stock has a market cap of $1.34 billion, a P/E ratio of 27.78 and a beta of 0.99.

Kovitz Core Equity ETF Announces Dividend

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

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.