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

Shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) saw an uptick in trading volume on Wednesday . 48,109 shares changed hands during trading, a decline of 9% from the previous session’s volume of 52,748 shares.The stock last traded at $24.74 and had previously closed at $25.05.

Kovitz Core Equity ETF Stock Performance

The stock has a fifty day simple moving average of $24.42 and a 200-day simple moving average of $23.52. The stock has a market cap of $1.23 billion, a P/E ratio of 26.36 and a beta of 1.00.

Institutional Trading of Kovitz Core Equity ETF

A hedge fund recently bought a new stake in Kovitz Core Equity ETF stock. Bank of New York Mellon Corp acquired a new stake in Kovitz Core Equity ETF (NYSEARCA:EQTY) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 99,744 shares of the company’s stock, valued at approximately $2,370,000. Bank of New York Mellon Corp owned about 0.20% of Kovitz Core Equity ETF as of its most recent SEC filing.

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.