Short Interest in Kovitz Core Equity ETF (NYSEARCA:EQTY) Grows By 403.6%

Kovitz Core Equity ETF (NYSEARCA:EQTY) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 6,960 shares, a growth of 403.6% from the July 15th total of 1,382 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 22,379 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Kovitz Core Equity ETF

An institutional investor recently bought a new stake in Kovitz Core Equity ETF stock. Basepoint Wealth LLC bought a new position in Kovitz Core Equity ETF (NYSEARCA:EQTY) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,542 shares of the company’s stock, valued at approximately $69,000.

Kovitz Core Equity ETF Stock Performance

Shares of NYSEARCA:EQTY traded down $0.08 during midday trading on Wednesday, reaching $29.86. The company had a trading volume of 19,102 shares, compared to its average volume of 33,171. Kovitz Core Equity ETF has a 1-year low of $24.74 and a 1-year high of $30.06. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 27.78 and a beta of 0.93. The company has a fifty day simple moving average of $28.35 and a two-hundred day simple moving average of $27.47.

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.