Kovitz Core Equity ETF (NYSEARCA:EQTY) Hits New 52-Week High – Should You Buy?

Kovitz Core Equity ETF (NYSEARCA:EQTY)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $25.33 and last traded at $24.69, with a volume of 64968 shares changing hands. The stock had previously closed at $25.16.

Kovitz Core Equity ETF Stock Up 0.1 %

The stock’s 50-day moving average price is $24.34 and its 200 day moving average price is $23.39. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 26.36 and a beta of 1.00.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Kovitz Core Equity ETF stock. Bank of New York Mellon Corp acquired a new position in Kovitz Core Equity ETF (NYSEARCA:EQTY) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 99,744 shares of the company’s stock, valued at approximately $2,370,000. Bank of New York Mellon Corp owned 0.20% of Kovitz Core Equity ETF as of its most recent filing with the Securities & Exchange Commission.

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.