iShares International Country Rotation Active ETF (NASDAQ:CORO) Share Price Break Below 200 Day Moving Average – Time to Sell?

iShares International Country Rotation Active ETF (NASDAQ:CORO)’s share price passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $35.17 and traded as low as $35.05. iShares International Country Rotation Active ETF shares last traded at $35.10, with a volume of 1,839,500 shares.

iShares International Country Rotation Active ETF Stock Performance

The company has a market cap of $13.33 billion, a PE ratio of 28.57 and a beta of 0.68. The company’s 50-day simple moving average is $36.37 and its 200 day simple moving average is $35.17.

Institutional Trading of iShares International Country Rotation Active ETF

Hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC boosted its holdings in iShares International Country Rotation Active ETF by 1,176.5% in the third quarter. Parallel Advisors LLC now owns 1,238,615 shares of the company’s stock valued at $45,024,000 after purchasing an additional 1,141,580 shares during the period. Kestra Private Wealth Services LLC acquired a new position in iShares International Country Rotation Active ETF during the 3rd quarter worth $8,384,000. Team Financial Group LLC purchased a new stake in iShares International Country Rotation Active ETF during the 3rd quarter worth about $46,000. Gilliland Jeter Wealth Management LLC raised its position in iShares International Country Rotation Active ETF by 13.2% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 85,610 shares of the company’s stock valued at $3,112,000 after purchasing an additional 9,961 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC boosted its stake in shares of iShares International Country Rotation Active ETF by 69.8% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 11,960 shares of the company’s stock valued at $435,000 after buying an additional 4,918 shares during the period.

iShares International Country Rotation Active ETF Company Profile

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.