Core Alternative ETF (NYSEARCA:CCOR) Trading Up 0.3% – Should You Buy?

Core Alternative ETF (NYSEARCA:CCOR) rose 0.3% during trading on Thursday . The company traded as high as $26.51 and last traded at $26.51. 7,033 shares changed hands during mid-day trading, an increase of 30% from the average daily volume of 5,426 shares. The stock had previously closed at $26.43.

Core Alternative ETF Stock Up 0.3%

The stock has a market cap of $28.10 million, a PE ratio of 22.20 and a beta of 0.13. The business has a 50 day moving average price of $25.84 and a 200 day moving average price of $26.21.

Institutional Investors Weigh In On Core Alternative ETF

An institutional investor recently bought a new position in Core Alternative ETF stock. Sound Income Strategies LLC acquired a new stake in Core Alternative ETF (NYSEARCA:CCOR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,722 shares of the company’s stock, valued at approximately $46,000. Sound Income Strategies LLC owned approximately 0.12% of Core Alternative ETF as of its most recent filing with the Securities & Exchange Commission.

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.