Kovitz Core Equity ETF (NYSEARCA:EQTY) Sees Strong Trading Volume – What’s Next?

Kovitz Core Equity ETF (NYSEARCA:EQTY) saw an uptick in trading volume on Tuesday . 117,530 shares were traded during trading, an increase of 129% from the previous session’s volume of 51,213 shares.The stock last traded at $23.57 and had previously closed at $24.04.

Kovitz Core Equity ETF Stock Performance

The firm has a 50 day simple moving average of $24.49 and a 200 day simple moving average of $23.81. The firm has a market cap of $4.64 billion, a P/E 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 bought a new position in Kovitz Core Equity ETF (NYSEARCA:EQTY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 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 reporting period.

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.