Kovitz Core Equity ETF (NYSEARCA:EQTY) Sees Large Volume Increase – Time to Buy?

Kovitz Core Equity ETF (NYSEARCA:EQTY) shares saw strong trading volume on Wednesday . 46,656 shares changed hands during trading, a decline of 14% from the previous session’s volume of 54,203 shares.The stock last traded at $23.20 and had previously closed at $23.32.

Kovitz Core Equity ETF Trading Up 0.3 %

The business has a 50 day moving average price of $24.43 and a 200-day moving average price of $23.87. The firm has a market capitalization of $4.52 billion, a PE ratio of 26.77 and a beta of 0.64.

Hedge Funds Weigh In On Kovitz Core Equity ETF

An institutional investor recently bought a new position in Kovitz Core Equity ETF stock. Bank of New York Mellon Corp acquired a new position in shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 99,744 shares of the company’s stock, valued at approximately $2,370,000. Bank of New York Mellon Corp owned approximately 0.20% of Kovitz Core Equity ETF at the end of the most recent quarter.

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.