Core Alternative ETF (NYSEARCA:CCOR) Shares Down 0.1% – Here’s Why

Shares of Core Alternative ETF (NYSEARCA:CCOR) fell 0.1% during mid-day trading on Wednesday . The stock traded as low as $26.02 and last traded at $26.05. 24,078 shares traded hands during trading, an increase of 234% from the average session volume of 7,203 shares. The stock had previously closed at $26.07.

Core Alternative ETF Price Performance

The company has a market capitalization of $34.29 million, a price-to-earnings ratio of 22.20 and a beta of 0.19. The stock has a 50 day moving average price of $26.83 and a two-hundred day moving average price of $26.47.

Hedge Funds Weigh In On Core Alternative ETF

A hedge fund recently bought a new stake in Core Alternative ETF stock. Flagship Harbor Advisors LLC acquired a new stake in Core Alternative ETF (NYSEARCA:CCOR) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 5,907 shares of the company’s stock, valued at approximately $155,000. Flagship Harbor Advisors LLC owned about 0.42% of Core Alternative ETF at the end of the most recent reporting period.

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.