Kovitz Core Equity ETF (NYSEARCA:EQTY) Hits New 1-Year High – Should You Buy?

Shares of Kovitz Core Equity ETF (NYSEARCA:EQTYGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as $28.89 and last traded at $28.89, with a volume of 233 shares trading hands. The stock had previously closed at $28.67.

Kovitz Core Equity ETF Stock Up 0.7%

The stock has a 50 day moving average of $27.74 and a 200 day moving average of $27.26. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 27.78 and a beta of 0.94.

Institutional Investors Weigh In On Kovitz Core Equity ETF

An institutional investor 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 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,542 shares of the company’s stock, valued at approximately $69,000.

About Kovitz Core Equity ETF

(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.

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