Kovitz Core Equity ETF (NYSEARCA:EQTY) Hits New 1-Year High – Should You Buy?

Kovitz Core Equity ETF (NYSEARCA:EQTYGet Free Report) reached a new 52-week high on Thursday . The company traded as high as $28.89 and last traded at $28.89, with a volume of 233 shares trading hands. The stock had previously closed at $28.67.

Kovitz Core Equity ETF Trading Up 0.7%

The stock has a market cap of $1.42 billion, a P/E ratio of 27.78 and a beta of 0.94. The stock has a 50 day simple moving average of $27.74 and a 200 day simple moving average of $27.26.

Institutional Investors Weigh In On Kovitz Core Equity ETF

A hedge fund recently bought a new position in Kovitz Core Equity ETF stock. Basepoint Wealth LLC bought a new stake in Kovitz Core Equity ETF (NYSEARCA:EQTYFree Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 2,542 shares of the company’s stock, valued at approximately $69,000.

Kovitz Core Equity ETF Company Profile

(Get Free Report)

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.

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