Bank of New York Mellon Corp Takes Position in Kovitz Core Equity ETF (NYSEARCA:EQTY)

Bank of New York Mellon Corp acquired a new position in shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 99,744 shares of the company’s stock, valued at approximately $2,370,000.

Kovitz Core Equity ETF Stock Performance

Shares of Kovitz Core Equity ETF stock opened at $23.32 on Friday. Kovitz Core Equity ETF has a 52 week low of $20.75 and a 52 week high of $25.33. The stock has a 50 day moving average price of $24.33 and a two-hundred day moving average price of $23.88. The stock has a market capitalization of $4.54 billion, a PE ratio of 25.59 and a beta of 0.64.

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.