Kovitz Core Equity ETF (NYSEARCA:EQTY) Sets New 1-Year High – What’s Next?

Shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) reached a new 52-week high during trading on Wednesday . The stock traded as high as $28.26 and last traded at $28.26, with a volume of 1107 shares. The stock had previously closed at $27.95.

Kovitz Core Equity ETF Price Performance

The company has a fifty day simple moving average of $27.48 and a two-hundred day simple moving average of $27.15. The company has a market capitalization of $1.36 billion, a P/E ratio of 27.78 and a beta of 0.95.

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 shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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.