Short Interest in Kovitz Core Equity ETF (NYSEARCA:EQTY) Grows By 403.6%

Kovitz Core Equity ETF (NYSEARCA:EQTY) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 6,960 shares, a growth of 403.6% from the July 15th total of 1,382 shares. Based on an average trading volume of 22,379 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Kovitz Core Equity ETF stock. C M Bidwell & Associates Ltd. purchased a new stake in Kovitz Core Equity ETF (NYSEARCA:EQTY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,497 shares of the company’s stock, valued at approximately $264,000.

Kovitz Core Equity ETF Price Performance

Shares of EQTY traded down $0.08 during mid-day trading on Wednesday, hitting $29.86. The company’s stock had a trading volume of 19,102 shares, compared to its average volume of 33,171. The firm has a 50-day moving average price of $28.35 and a 200 day moving average price of $27.47. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 27.78 and a beta of 0.93. Kovitz Core Equity ETF has a fifty-two week low of $24.74 and a fifty-two week high of $30.06.

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.