Core Alternative ETF (NYSEARCA:CCOR) Trading Up 0.1% – Time to Buy?

Core Alternative ETF (NYSEARCA:CCOR)’s stock price shot up 0.1% during mid-day trading on Wednesday . The stock traded as high as $26.00 and last traded at $25.77. 27,030 shares were traded during mid-day trading, a decline of 65% from the average session volume of 77,979 shares. The stock had previously closed at $25.75.

Core Alternative ETF Price Performance

The business has a 50 day moving average of $25.84 and a 200 day moving average of $26.56. The firm has a market capitalization of $167.51 million, a price-to-earnings ratio of 20.85 and a beta of -0.11.

Core Alternative ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, December 19th. Stockholders of record on Wednesday, December 18th were given a dividend of $0.06 per share. The ex-dividend date was Wednesday, December 18th.

Institutional Investors Weigh In On Core Alternative ETF

A hedge fund recently raised its stake in Core Alternative ETF stock. Captrust Financial Advisors boosted its position in shares of Core Alternative ETF (NYSEARCA:CCOR) by 8.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 213,282 shares of the company’s stock after purchasing an additional 17,030 shares during the period. Captrust Financial Advisors owned about 3.28% of Core Alternative ETF worth $5,836,000 at the end of the most recent reporting period.

About Core Alternative ETF

The Core Alternative ETF (CCOR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that seeks capital appreciation and preservation with low correlation to the broad US equity market. The fund primarily holds dividend-paying large-cap stocks with an option collar overlay.