iShares International Country Rotation Active ETF (NASDAQ:CORO) Reaches New 1-Year High – Time to Buy?

Shares of iShares International Country Rotation Active ETF (NASDAQ:CORO) hit a new 52-week high during trading on Monday . The stock traded as high as $37.58 and last traded at $37.37, with a volume of 15938 shares. The stock had previously closed at $36.66.

iShares International Country Rotation Active ETF Stock Performance

The firm’s fifty day simple moving average is $35.50 and its 200 day simple moving average is $33.53. The firm has a market cap of $3.87 billion, a P/E ratio of 28.57 and a beta of 0.63.

Institutional Trading of iShares International Country Rotation Active ETF

Several hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp bought a new stake in iShares International Country Rotation Active ETF in the first quarter worth $15,945,000. Arkadios Wealth Advisors bought a new position in iShares International Country Rotation Active ETF during the first quarter valued at $13,793,000. Beacon Financial Group bought a new position in iShares International Country Rotation Active ETF during the first quarter valued at $11,501,000. Mosaic Advisors LLC purchased a new position in shares of iShares International Country Rotation Active ETF in the 1st quarter worth $838,000. Finally, Parallel Advisors LLC purchased a new position in shares of iShares International Country Rotation Active ETF in the 3rd quarter worth $107,000.

About iShares International Country Rotation Active ETF

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.