Kovitz Core Equity ETF (NYSEARCA:EQTY) Hits New 12-Month High – Should You Buy?

Kovitz Core Equity ETF (NYSEARCA:EQTYGet Free Report) hit a new 52-week high on Monday . The company traded as high as $29.24 and last traded at $29.24, with a volume of 909 shares changing hands. The stock had previously closed at $28.84.

Kovitz Core Equity ETF Trading Up 1.3%

The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 27.78 and a beta of 0.94. The company has a 50-day moving average of $28.06 and a 200-day moving average of $27.37.

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:EQTYFree Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,542 shares of the company’s stock, valued at approximately $69,000.

Kovitz Core Equity ETF Company Profile

(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.

Further Reading

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