Short Interest in Kovitz Core Equity ETF (NYSEARCA:EQTY) Declines By 90.1%

Kovitz Core Equity ETF (NYSEARCA:EQTY) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 3,179 shares, a decrease of 90.1% from the April 15th total of 32,062 shares. Based on an average daily volume of 21,587 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Kovitz Core Equity ETF Trading Down 0.1%

EQTY traded down $0.03 on Tuesday, hitting $27.22. 6,197 shares of the company’s stock were exchanged, compared to its average volume of 34,363. Kovitz Core Equity ETF has a fifty-two week low of $23.47 and a fifty-two week high of $28.17. The firm has a 50-day moving average price of $26.58 and a 200-day moving average price of $26.78. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 27.78 and a beta of 0.97.

Institutional Trading of 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 Kovitz Core Equity ETF (NYSEARCA:EQTY) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 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.