Kovitz Core Equity ETF (NYSEARCA:EQTY) Sees Large Volume Increase – Here’s Why

Kovitz Core Equity ETF (NYSEARCA:EQTY) saw unusually-strong trading volume on Wednesday . Approximately 83,135 shares traded hands during trading, an increase of 145% from the previous session’s volume of 33,948 shares.The stock last traded at $27.16 and had previously closed at $27.16.

Kovitz Core Equity ETF Price Performance

The business’s fifty day moving average is $26.60 and its 200-day moving average is $26.84. The firm has a market cap of $1.32 billion, a PE ratio of 27.78 and a beta of 0.97.

Hedge Funds Weigh In On 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 shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. 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.