Kovitz Core Equity ETF (NYSEARCA:EQTY) Sets New 12-Month High – Time to Buy?
by Renee Jackson · The Cerbat GemKovitz Core Equity ETF (NYSEARCA:EQTY – Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $29.99 and last traded at $29.99, with a volume of 682 shares traded. The stock had previously closed at $29.75.
Kovitz Core Equity ETF Stock Performance
The company’s 50-day moving average price is $28.26 and its 200 day moving average price is $27.43. The stock has a market capitalization of $1.47 billion, a PE ratio of 27.78 and a beta of 0.93.
Institutional Trading of Kovitz Core Equity ETF
A hedge fund recently bought a new position in Kovitz Core Equity ETF stock. Basepoint Wealth LLC acquired a new stake in shares of Kovitz Core Equity ETF (NYSEARCA:EQTY – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund 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.