Core Alternative ETF (NYSEARCA:CCOR) Trading Down 0.1% – Time to Sell?

Shares of Core Alternative ETF (NYSEARCA:CCOR) fell 0.1% during mid-day trading on Wednesday . The company traded as low as $26.02 and last traded at $26.05. 24,078 shares were traded during mid-day trading, an increase of 234% from the average session volume of 7,203 shares. The stock had previously closed at $26.07.

Core Alternative ETF Trading Down 0.1%

The firm has a 50-day moving average of $26.85 and a 200 day moving average of $26.47. The stock has a market capitalization of $34.39 million, a price-to-earnings ratio of 22.20 and a beta of 0.19.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Core Alternative ETF stock. Sound Income Strategies LLC acquired a new position in Core Alternative ETF (NYSEARCA:CCOR) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,722 shares of the company’s stock, valued at approximately $46,000. Sound Income Strategies LLC owned 0.12% of Core Alternative ETF 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. CCOR was launched on May 24, 2017 and is managed by Core Alternative.