iShares International Country Rotation Active ETF (NASDAQ:CORO) Reaches New 1-Year High – Time to Buy?

iShares International Country Rotation Active ETF (NASDAQ:CORO) shares reached a new 52-week high during trading on Monday . The company traded as high as $37.58 and last traded at $37.37, with a volume of 15938 shares trading hands. The stock had previously closed at $36.66.

iShares International Country Rotation Active ETF Stock Performance

The stock has a fifty day moving average of $35.50 and a 200-day moving average of $33.53. The company has a market cap of $3.87 billion, a PE ratio of 28.57 and a beta of 0.63.

Institutional Trading of iShares International Country Rotation Active ETF

Several institutional investors and hedge funds have recently made changes to their positions in CORO. EverSource Wealth Advisors LLC purchased a new stake in shares of iShares International Country Rotation Active ETF during the first quarter valued at $85,000. Parallel Advisors LLC bought a new stake in iShares International Country Rotation Active ETF during the 3rd quarter valued at about $107,000. Mosaic Advisors LLC bought a new stake in iShares International Country Rotation Active ETF during the 1st quarter valued at about $838,000. Beacon Financial Group bought a new stake in iShares International Country Rotation Active ETF during the 1st quarter valued at about $11,501,000. Finally, Arkadios Wealth Advisors purchased a new stake in iShares International Country Rotation Active ETF in the 1st quarter valued at about $13,793,000.

About iShares International Country Rotation Active ETF

The iShares International Country Rotation Active ETF (CORO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, seeking long-term capital appreciation through investments in non-US companies. The fund targets nations with favorable economic outlooks by employing a country rotation strategy. CORO was launched on Dec 3, 2024 and is issued by BlackRock.