Shares of Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE – Get Free Report) rose 0.2% during mid-day trading on Friday . The company traded as high as $33.26 and last traded at $33.16. Approximately 13,599 shares traded hands during trading, a decline of 67% from the average daily volume of 41,379 shares. The stock had previously closed at $33.09.
Shiller CAPE U.S. Equities ETF Price Performance
The business has a 50 day moving average price of $32.87 and a 200 day moving average price of $32.41. The firm has a market capitalization of $244.06 million, a P/E ratio of -22.87 and a beta of 0.97.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. Root Financial Partners LLC acquired a new stake in shares of Shiller CAPE U.S. Equities ETF in the first quarter worth $32,000. Northwestern Mutual Wealth Management Co. bought a new stake in Shiller CAPE U.S. Equities ETF in the 2nd quarter valued at $45,000. Fifth Third Bancorp bought a new stake in Shiller CAPE U.S. Equities ETF in the 1st quarter valued at $96,000. Osaic Holdings Inc. grew its position in Shiller CAPE U.S. Equities ETF by 27.0% in the 2nd quarter. Osaic Holdings Inc. now owns 3,999 shares of the company’s stock worth $127,000 after purchasing an additional 849 shares during the last quarter. Finally, Bank of Montreal Can increased its holdings in shares of Shiller CAPE U.S. Equities ETF by 17.5% during the 4th quarter. Bank of Montreal Can now owns 119,400 shares of the company’s stock worth $3,849,000 after purchasing an additional 17,775 shares during the period. 25.05% of the stock is currently owned by institutional investors and hedge funds.
About Shiller CAPE U.S. Equities ETF
The Barclays ETN+ Shiller Capet ETN (CAPE) is an exchange-traded fund that is based on the Shiller Barclays CAPE US Sector index. The fund is an actively managed, non-transparent ETF that aims to outperform the S&P 500 Index by investing in US stocks of any size from the most undervalued sectors based on the CAPE ratio and momentum factors. The fund utilizes the Precidian non-transparent model. CAPE was launched on Mar 31, 2022 and is managed by DoubleLine.
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