Core Alternative ETF (NYSEARCA:CCOR) Shares Up 0.5% – Here’s What Happened

Core Alternative ETF (NYSEARCA:CCOR)’s stock price shot up 0.5% during trading on Friday . The company traded as high as $25.79 and last traded at $25.76. 7,958 shares were traded during mid-day trading, a decline of 83% from the average session volume of 46,658 shares. The stock had previously closed at $25.64.

Core Alternative ETF Stock Up 0.5 %

The firm has a market capitalization of $167.44 million, a P/E ratio of 20.85 and a beta of -0.11. The company’s 50 day moving average is $25.61 and its 200-day moving average is $26.50.

Core Alternative ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 19th. Shareholders of record on Wednesday, December 18th were paid a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Core Alternative ETF stock. Captrust Financial Advisors increased its stake in shares of Core Alternative ETF (NYSEARCA:CCOR) by 8.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 213,282 shares of the company’s stock after buying an additional 17,030 shares during the period. Captrust Financial Advisors owned about 3.28% of Core Alternative ETF worth $5,836,000 as of its most recent SEC filing.

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.