Core Alternative ETF (NYSEARCA:CCOR) Shares Up 0.3% – Time to Buy?

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

Core Alternative ETF Stock Down 0.2%

The stock has a fifty day moving average price of $25.86 and a two-hundred day moving average price of $26.21. The company has a market cap of $28.05 million, a price-to-earnings ratio of 22.20 and a beta of 0.13.

Institutional Investors Weigh In On Core Alternative ETF

A hedge fund recently bought a new stake in Core Alternative ETF stock. Sound Income Strategies LLC acquired a new stake in shares of Core Alternative ETF (NYSEARCA:CCOR) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm 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 at the end of the most recent 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. CCOR was launched on May 24, 2017 and is managed by Core Alternative.