Core Alternative ETF (NYSEARCA:CCOR) Shares Down 0.4% – Here’s What Happened

Core Alternative ETF (NYSEARCA:CCOR)’s stock price fell 0.4% during mid-day trading on Wednesday . The company traded as low as $25.27 and last traded at $25.28. 763,213 shares traded hands during mid-day trading, an increase of 346% from the average session volume of 171,023 shares. The stock had previously closed at $25.39.

Core Alternative ETF Stock Down 0.4 %

The firm has a fifty day moving average of $26.11 and a 200-day moving average of $26.49. The firm has a market cap of $164.32 million, a P/E ratio of 20.85 and a beta of -0.11.

Core Alternative ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 19th. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

Institutional Investors Weigh In On Core Alternative ETF

A hedge fund recently raised its stake in Core Alternative ETF stock. Captrust Financial Advisors grew its position in shares of Core Alternative ETF (NYSEARCA:CCOR) by 8.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 213,282 shares of the company’s stock after buying an additional 17,030 shares during the period. Captrust Financial Advisors owned approximately 3.28% of Core Alternative ETF worth $5,836,000 at the end of the most recent quarter.

About Core Alternative ETF

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.