What happened
According to an SEC filing dated April 28, 2026, Hobbs Wealth Management, LLC initiated a new position in the iShares International Country Rotation Active ETF (CORO 0.58%). The firm acquired 222,431 shares during the quarter, with an estimated transaction value of approximately $7.3 million based on the average closing price during the quarter. The quarter-end value of the position was $7.2 million, which now ranks as the fund’s fifth-largest holding.
What else to know
- This was a brand-new position for the fund as of March 31, 2026, representing 7.1% of AUM.
- Top holdings after the filing:
- NYSE: SPYM: $15.3 million (15.2% of AUM)
- NYSE: IVE: $11.0 million (10.9% of AUM)
- NYSE: DYNF: $10.8 million (10.6% of AUM)
- NYSE: IVW: $9.0 million (8.9% of AUM)
- NASDAQ: CORO: $7.2 million (7.1% of AUM)
- As of April 27, 2026, CORO shares were trading at $34.50, up about 43% over the past year and…
