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

Shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) saw unusually-strong trading volume on Friday . Approximately 93,868 shares were traded during mid-day trading, an increase of 151% from the previous session’s volume of 37,445 shares.The stock last traded at $27.25 and had previously closed at $27.10.

Kovitz Core Equity ETF Stock Performance

The stock’s fifty day moving average price is $27.42 and its two-hundred day moving average price is $26.47. The company has a market cap of $1.32 billion, a P/E ratio of 27.78 and a beta of 0.99.

Kovitz Core Equity ETF Dividend Announcement

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

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 stake in Kovitz Core Equity ETF (NYSEARCA:EQTY) during the 4th quarter, according to its most recent disclosure 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.