Core Alternative ETF (NYSEARCA:CCOR) Trading 0.1% Higher – Here’s What Happened

Shares of Core Alternative ETF (NYSEARCA:CCOR) rose 0.1% during mid-day trading on Wednesday . The company traded as high as $26.06 and last traded at $25.96. Approximately 79,668 shares were traded during trading, an increase of 917% from the average daily volume of 7,836 shares. The stock had previously closed at $25.94.

Core Alternative ETF Price Performance

The business has a fifty day simple moving average of $26.47 and a 200 day simple moving average of $26.46. The firm has a market cap of $29.08 million, a price-to-earnings ratio of 22.20 and a beta of 0.15.

Hedge Funds Weigh In On Core Alternative ETF

An institutional investor recently bought a new position in Core Alternative ETF stock. Sound Income Strategies LLC acquired a new position in shares of Core Alternative ETF (NYSEARCA:CCOR) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,722 shares of the company’s stock, valued at approximately $46,000. Sound Income Strategies LLC owned approximately 0.12% of Core Alternative ETF as of its most recent filing with the Securities & Exchange Commission.

Core Alternative ETF Company Profile

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. CCOR was launched on May 24, 2017 and is managed by Core Alternative.