Shiller CAPE U.S. Equities ETF $CAPE Stock Position Cut by International Assets Investment Management LLC

International Assets Investment Management LLC decreased its holdings in shares of Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) by 93.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,196 shares of the company’s stock after selling 68,578 shares during the quarter. International Assets Investment Management LLC owned 0.08% of Shiller CAPE U.S. Equities ETF worth $161,000 at the end of the most recent quarter.

Separately, Fifth Third Bancorp acquired a new stake in shares of Shiller CAPE U.S. Equities ETF in the 1st quarter valued at approximately $96,000. Institutional investors own 25.05% of the company’s stock.

Shiller CAPE U.S. Equities ETF Stock Performance

Shares of Shiller CAPE U.S. Equities ETF stock traded down $0.62 during midday trading on Friday, hitting $32.13. 17,610 shares of the company traded hands, compared to its average volume of 41,146. The stock has a market cap of $206.92 million, a price-to-earnings ratio of -22.16 and a beta of 0.96. The firm’s fifty day moving average price is $31.91 and its 200-day moving average price is $32.32. Shiller CAPE U.S. Equities ETF has a 12 month low of $29.74 and a 12 month high of $34.25.

Shiller CAPE U.S. Equities ETF Profile

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.