Short Interest in Kovitz Core Equity ETF (NYSEARCA:EQTY) Declines By 20.5%

Kovitz Core Equity ETF (NYSEARCA:EQTY) was the target of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 18,809 shares, a decrease of 20.5% from the January 15th total of 23,663 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 25,645 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 25,645 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the shares of the company are sold short.

Kovitz Core Equity ETF Stock Down 0.2%

Shares of Kovitz Core Equity ETF stock traded down $0.05 on Tuesday, reaching $26.85. 13,932 shares of the stock were exchanged, compared to its average volume of 36,467. The business has a 50 day moving average price of $27.41 and a two-hundred day moving average price of $26.44. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 27.78 and a beta of 0.99. Kovitz Core Equity ETF has a twelve month low of $20.40 and a twelve month high of $28.17.

Kovitz Core Equity ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 26th were given a dividend of $0.0061 per share. The ex-dividend date was Friday, December 26th. This represents a yield of 2.0%.

Hedge Funds Weigh In On Kovitz Core Equity ETF

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