Core Alternative ETF (NYSEARCA:CCOR) Trading Up 1.3% – Here’s Why

Shares of Core Alternative ETF (NYSEARCA:CCOR) were up 1.3% during trading on Friday . The stock traded as high as $25.77 and last traded at $25.74. Approximately 5,201 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 6,365 shares. The stock had previously closed at $25.42.

Core Alternative ETF Stock Up 1.3%

The company has a market capitalization of $27.28 million, a P/E ratio of 22.20 and a beta of 0.13. The stock has a fifty day simple moving average of $25.77 and a 200-day simple moving average of $26.37.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Core Alternative ETF stock. Flagship Harbor Advisors LLC acquired a new stake in shares of Core Alternative ETF (NYSEARCA:CCOR) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,907 shares of the company’s stock, valued at approximately $155,000. Flagship Harbor Advisors LLC owned 0.42% of Core Alternative ETF as of its most recent filing with the Securities & Exchange Commission.

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. CCOR was launched on May 24, 2017 and is managed by Core Alternative.