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

Shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) saw unusually-high trading volume on Thursday . Approximately 462,250 shares traded hands during mid-day trading, an increase of 1,236% from the previous session’s volume of 34,593 shares.The stock last traded at $27.71 and had previously closed at $27.56.

Kovitz Core Equity ETF Price Performance

The company has a fifty day moving average price of $26.78 and a 200 day moving average price of $26.91. The company has a market capitalization of $1.34 billion, a P/E ratio of 27.78 and a beta of 0.97.

Institutional Inflows and Outflows

An institutional investor recently bought a new position 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 the company in its most recent filing with the SEC. The institutional investor acquired 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.