Pettinga Financial Advisor Establishes $32 Million Position in iShares International Country Rotation ETF

Pettinga Financial Advisors LLC has disclosed a new investment in the iShares International Country Rotation Active ETF (CORO), acquiring 992,179 shares during the first quarter of 2026. According to recent SEC filings, the position is valued at approximately $31.90 million, representing a 6.01% change relative to the firm's reportable assets under management. The move highlights growing institutional interest in active strategies that pivot across global markets to capture relative outperformance. Unlike passive international funds, CORO employs a proprietary rotation strategy that focuses on a concentrated portfolio of roughly 31 holdings, with a heavy emphasis on markets including Japan, Canada, and the United Kingdom. This targeted approach has proven successful, with the fund delivering a 31.4% return over the past year. This performance significantly exceeds the 24.9% return of its MSCI ACWI ex-U.S. benchmark. Since its launch at the end of 2024, the ETF has rapidly scaled to approximately $3.4 billion in assets under management. While the fund carries a higher net expense ratio of 0.55% to account for its active management, the current trend suggests that investors are increasingly willing to pay for strategic country selection. As market leadership potentially shifts away from the U.S., funds like CORO are positioned to capitalize on the divergence between international equity markets.