Core Alternative ETF (NYSEARCA:CCOR) Shares Down 0.2%

Core Alternative ETF (NYSEARCA:CCOR) dropped 0.2% on Monday . The stock traded as low as $27.62 and last traded at $27.68. Approximately 410,110 shares traded hands during trading, an increase of 260% from the average daily volume of 114,000 shares. The stock had previously closed at $27.73.

Core Alternative ETF Trading Down 0.2 %

The company has a 50-day simple moving average of $27.95 and a 200 day simple moving average of $28.54. The company has a market cap of $400.25 million, a P/E ratio of 20.41 and a beta of 0.09.

Institutional Investors Weigh In On Core Alternative ETF

Several hedge funds have recently made changes to their positions in CCOR. Captrust Financial Advisors purchased a new stake in shares of Core Alternative ETF in the 3rd quarter worth $614,000. Wealthcare Advisory Partners LLC purchased a new stake in shares of Core Alternative ETF during the 4th quarter worth $536,000. One Capital Management LLC lifted its stake in shares of Core Alternative ETF by 103.8% during the 4th quarter. One Capital Management LLC now owns 144,030 shares of the company’s stock worth $4,548,000 after purchasing an additional 73,360 shares during the last quarter. Kovack Advisors Inc. purchased a new stake in shares of Core Alternative ETF during the 4th quarter worth $2,225,000. Finally, First PREMIER Bank lifted its stake in shares of Core Alternative ETF by 22.1% during the 1st quarter. First PREMIER Bank now owns 11,060 shares of the company’s stock worth $329,000 after purchasing an additional 2,000 shares during the last quarter.

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.