Kovitz Core Equity ETF (NYSEARCA:EQTY) Sees Strong Trading Volume – What’s Next?

Shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) saw an uptick in trading volume on Thursday . 157,911 shares traded hands during trading, an increase of 202% from the previous session’s volume of 52,305 shares.The stock last traded at $24.16 and had previously closed at $23.98.

Kovitz Core Equity ETF Stock Up 1.0%

The firm has a fifty day moving average price of $22.90 and a two-hundred day moving average price of $23.76. The stock has a market capitalization of $4.75 billion, a P/E ratio of 24.58 and a beta of 0.54.

Hedge Funds Weigh In On Kovitz Core Equity ETF

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 and Exchange Commission. The firm acquired 99,744 shares of the company’s stock, valued at approximately $2,370,000. Bank of New York Mellon Corp owned approximately 0.20% of Kovitz Core Equity ETF as of its most recent filing with the Securities and Exchange Commission.

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.