Kovitz Core Equity ETF (NYSEARCA:EQTY) Sets New 1-Year High – What’s Next?

Kovitz Core Equity ETF (NYSEARCA:EQTY) shares reached a new 52-week high during trading on Monday . The company traded as high as $29.99 and last traded at $29.99, with a volume of 682 shares trading hands. The stock had previously closed at $29.75.

Kovitz Core Equity ETF Stock Up 0.1%

The company has a market capitalization of $1.47 billion, a P/E ratio of 27.78 and a beta of 0.93. The company has a 50-day moving average of $28.26 and a two-hundred day moving average of $27.43.

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 stake in shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,542 shares of the company’s stock, valued at approximately $69,000.

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. EQTY was launched on Dec 28, 2011 and is managed by Kovitz.