Core Alternative ETF (NYSEARCA:CCOR) Shares Up 0.2% – Still a Buy?

Core Alternative ETF (NYSEARCA:CCOR)’s share price shot up 0.2% during mid-day trading on Wednesday . The stock traded as high as $26.54 and last traded at $26.41. 4,638 shares traded hands during trading, a decline of 90% from the average session volume of 47,342 shares. The stock had previously closed at $26.36.

Core Alternative ETF Price Performance

The firm has a fifty day simple moving average of $26.99 and a two-hundred day simple moving average of $26.41. The firm has a market capitalization of $173.23 million, a P/E ratio of 20.85 and a beta of -0.11.

Core Alternative ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, September 19th. Shareholders of record on Wednesday, September 18th were paid a $0.07 dividend. The ex-dividend date was Wednesday, September 18th. This is an increase from Core Alternative ETF’s previous dividend of $0.06.

Institutional Trading of Core Alternative ETF

A hedge fund recently raised its stake in Core Alternative ETF stock. Captrust Financial Advisors grew its stake in shares of Core Alternative ETF (NYSEARCA:CCOR) by 8.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 213,282 shares of the company’s stock after purchasing an additional 17,030 shares during the period. Captrust Financial Advisors owned approximately 3.28% of Core Alternative ETF worth $5,836,000 as of its most recent SEC filing.

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.