Kovitz Core Equity ETF (NYSEARCA:EQTY) Hits New 12-Month High – Should You Buy?

Kovitz Core Equity ETF (NYSEARCA:EQTYGet Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $29.24 and last traded at $29.24, with a volume of 909 shares traded. The stock had previously closed at $28.84.

Kovitz Core Equity ETF Stock Up 1.3%

The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 27.78 and a beta of 0.94. The stock has a 50 day simple moving average of $28.06 and a 200 day simple moving average of $27.37.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Kovitz Core Equity ETF stock. Basepoint Wealth LLC acquired a new position in shares of Kovitz Core Equity ETF (NYSEARCA:EQTYFree Report) in the fourth quarter, according to its most recent 13F 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

(Get Free Report)

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.

Further Reading

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