Kovitz Core Equity ETF (NYSEARCA:EQTY) Sets New 52-Week High – What’s Next?

Shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) reached a new 52-week high during trading on Friday . The stock traded as high as $30.06 and last traded at $30.06, with a volume of 5512 shares changing hands. The stock had previously closed at $29.92.

Kovitz Core Equity ETF Trading Up 0.5%

The firm’s 50-day moving average price is $28.88 and its 200 day moving average price is $27.63. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 27.78 and a beta of 0.93.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Kovitz Core Equity ETF stock. Basepoint Wealth LLC acquired a new stake in shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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.