Core Alternative ETF (NYSEARCA:CCOR) Stock Price Down 0.2% – What’s Next?

Core Alternative ETF (NYSEARCA:CCOR)’s stock price fell 0.2% during trading on Wednesday . The stock traded as low as $27.06 and last traded at $27.10. 75,254 shares were traded during trading, an increase of 686% from the average session volume of 9,570 shares. The stock had previously closed at $27.15.

Core Alternative ETF Stock Performance

The stock has a 50 day moving average of $26.55 and a 200-day moving average of $26.44. The company has a market cap of $38.48 million, a PE ratio of 22.20 and a beta of 0.19.

Core Alternative ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Wednesday, December 17th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, December 17th.

Institutional Trading of Core Alternative ETF

A hedge fund recently bought a new stake in Core Alternative ETF stock. Sound Income Strategies LLC bought a new position in shares of Core Alternative ETF (NYSEARCA:CCOR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,722 shares of the company’s stock, valued at approximately $46,000. Sound Income Strategies LLC owned about 0.12% 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.