Core Alternative ETF (NYSEARCA:CCOR) Trading Down 0.4% – What’s Next?

Core Alternative ETF (NYSEARCA:CCOR)’s share price was down 0.4% on Wednesday . The company traded as low as $25.27 and last traded at $25.28. Approximately 763,213 shares traded hands during mid-day trading, an increase of 346% from the average daily volume of 171,023 shares. The stock had previously closed at $25.39.

Core Alternative ETF Price Performance

The stock has a market capitalization of $164.32 million, a price-to-earnings ratio of 20.85 and a beta of -0.11. The business’s fifty day moving average price is $26.11 and its 200-day moving average price is $26.49.

Core Alternative ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 19th. Shareholders of record on Wednesday, December 18th were issued 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 grew its holdings in shares of Core Alternative ETF (NYSEARCA:CCOR) by 8.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 213,282 shares of the company’s stock after purchasing an additional 17,030 shares during the quarter. Captrust Financial Advisors owned approximately 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.