Short Interest in Kovitz Core Equity ETF (NYSEARCA:EQTY) Increases By 106.7%

Kovitz Core Equity ETF (NYSEARCA:EQTY) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,147 shares, a growth of 106.7% from the May 31st total of 555 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 17,609 shares, the days-to-cover ratio is currently 0.1 days.

Kovitz Core Equity ETF Stock Up 0.5%

Shares of NYSEARCA:EQTY traded up $0.14 during trading on Tuesday, hitting $27.88. 470 shares of the stock traded hands, compared to its average volume of 36,252. The company has a fifty day moving average price of $27.47 and a two-hundred day moving average price of $27.14. Kovitz Core Equity ETF has a 52-week low of $24.74 and a 52-week high of $28.17. The company has a market cap of $1.34 billion, a price-to-earnings ratio of 27.78 and a beta of 0.95.

Institutional Inflows and Outflows

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

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.