Core Alternative ETF (NYSEARCA:CCOR) Stock Price Up 1.1% – Still a Buy?

Shares of Core Alternative ETF (NYSEARCA:CCOR) rose 1.1% on Friday . The company traded as high as $26.80 and last traded at $26.80. Approximately 15,161 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 42,352 shares. The stock had previously closed at $26.52.

Core Alternative ETF Price Performance

The business’s 50 day moving average is $25.92 and its 200-day moving average is $26.44. The company has a market cap of $73.16 million, a PE ratio of 23.05 and a beta of 0.14.

Core Alternative ETF Cuts Dividend

The business also recently disclosed 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 of this dividend was Wednesday, December 18th.

Institutional Trading of Core Alternative ETF

A hedge fund recently raised its stake in Core Alternative ETF stock. Captrust Financial Advisors boosted its holdings in Core Alternative ETF (NYSEARCA:CCOR) by 8.7% in the 3rd quarter, according to the company in its most recent 13F 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 about 3.28% of Core Alternative ETF worth $5,836,000 at the end of the most recent quarter.

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.