Kovitz Core Equity ETF (NYSEARCA:EQTY) Sets New 52-Week High – Here’s Why

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

Kovitz Core Equity ETF Trading Up 0.1%

The firm 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 $28.35 and a 200-day moving average of $27.47.

Hedge Funds Weigh In On Kovitz Core Equity ETF

An institutional investor recently bought a new stake in Kovitz Core Equity ETF stock. Basepoint Wealth LLC acquired a new position in Kovitz Core Equity ETF (NYSEARCA:EQTY) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. 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.