Core Alternative ETF (NYSEARCA:CCOR) Shares Down 0.2% – Should You Sell?

Shares of Core Alternative ETF (NYSEARCA:CCOR) dropped 0.2% on Wednesday . The stock traded as low as $26.48 and last traded at $26.53. Approximately 2,998 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 7,860 shares. The stock had previously closed at $26.58.

Core Alternative ETF Stock Down 0.2%

The firm has a market cap of $35.02 million, a P/E ratio of 22.20 and a beta of 0.19. The business has a fifty day simple moving average of $27.03 and a 200-day simple moving average of $26.52.

Core Alternative ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Wednesday, December 17th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, December 17th.

Hedge Funds Weigh In On Core Alternative ETF

An institutional investor recently bought a new position in Core Alternative ETF stock. Flagship Harbor Advisors LLC purchased a new position in Core Alternative ETF (NYSEARCA:CCOR) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 5,907 shares of the company’s stock, valued at approximately $155,000. Flagship Harbor Advisors LLC owned approximately 0.42% 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.