Kelly Financial Takes $28.6 Million Stake in BlackRock’s CORO ETF
The move highlights a tilt toward active international exposure via country rotation.
Overview
- Kelly Financial disclosed a new position in the iShares International Country Rotation Active ETF (CORO) in its first‑quarter 13F, totaling 891,885 shares valued at $28.58 million.
- The holding made up about 6.9% of the firm’s $413.89 million in reportable assets, placing CORO among its largest ETFs alongside IVV, IVE, IVW, and DYNF.
- CORO is an actively managed fund that shifts country weights to seek opportunities outside the U.S. across both developed and emerging markets.
- Fund data cited for context show $3.02 billion in assets, a 2.37% dividend yield, a $33.94 share price as of April 10, and a 47.43% one‑year return.
- Coverage frames the new long stake as a bullish signal, though 13F filings only show quarter‑end long positions and do not reveal shorts, options, or trades after the period.