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

Kovitz Core Equity ETF (NYSEARCA:EQTY)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $29.00 and last traded at $28.99, with a volume of 6062 shares traded. The stock had previously closed at $28.71.

Kovitz Core Equity ETF Stock Performance

The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 27.78 and a beta of 0.94. The stock has a 50-day moving average of $27.93 and a 200-day moving average of $27.34.

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 shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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.