iShares International Country Rotation Active ETF (NASDAQ:CORO) Shares Up 0.8% – Time to Buy?

iShares International Country Rotation Active ETF (NASDAQ:CORO)’s stock price traded up 0.8% during mid-day trading on Thursday . The company traded as high as $35.96 and last traded at $35.81. 317,582 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 1,309,714 shares. The stock had previously closed at $35.53.

iShares International Country Rotation Active ETF Trading Up 0.8%

The stock has a market capitalization of $3.71 billion, a price-to-earnings ratio of 28.57 and a beta of 0.64. The business has a 50 day simple moving average of $33.79 and a 200-day simple moving average of $32.70.

Hedge Funds Weigh In On iShares International Country Rotation Active ETF

Several hedge funds and other institutional investors have recently modified their holdings of CORO. Bank of New York Mellon Corp acquired a new position in shares of iShares International Country Rotation Active ETF in the 1st quarter valued at about $15,945,000. Arkadios Wealth Advisors purchased a new stake in iShares International Country Rotation Active ETF during the 1st quarter worth approximately $13,793,000. Beacon Financial Group purchased a new stake in iShares International Country Rotation Active ETF during the 1st quarter worth approximately $11,501,000. Mosaic Advisors LLC purchased a new stake in iShares International Country Rotation Active ETF during the 1st quarter worth approximately $838,000. Finally, Parallel Advisors LLC acquired a new stake in iShares International Country Rotation Active ETF during the third quarter valued at approximately $107,000.

iShares International Country Rotation Active ETF Company Profile

The iShares International Country Rotation Active ETF (CORO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, seeking long-term capital appreciation through investments in non-US companies. The fund targets nations with favorable economic outlooks by employing a country rotation strategy. CORO was launched on Dec 3, 2024 and is issued by BlackRock.