Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Trading 0.5% Higher – What’s Next?

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE)’s share price traded up 0.5% during trading on Monday . The company traded as high as $32.60 and last traded at $32.57. 20,707 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 37,477 shares. The stock had previously closed at $32.40.

Shiller CAPE U.S. Equities ETF Price Performance

The company has a fifty day moving average price of $31.99 and a 200 day moving average price of $31.97. The stock has a market cap of $330.58 million, a P/E ratio of -22.35 and a beta of 1.05.

Institutional Investors Weigh In On Shiller CAPE U.S. Equities ETF

Several hedge funds and other institutional investors have recently made changes to their positions in CAPE. Osaic Holdings Inc. raised its stake in shares of Shiller CAPE U.S. Equities ETF by 27.0% in the second 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. Avaii Wealth Management LLC raised its position in Shiller CAPE U.S. Equities ETF by 3.8% in the 2nd quarter. Avaii Wealth Management LLC now owns 25,078 shares of the company’s stock valued at $798,000 after buying an additional 917 shares during the last quarter. Armor Investment Advisors LLC lifted its stake in Shiller CAPE U.S. Equities ETF by 8.4% during the 2nd quarter. Armor Investment Advisors LLC now owns 17,022 shares of the company’s stock valued at $541,000 after acquiring an additional 1,313 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in Shiller CAPE U.S. Equities ETF during the 2nd quarter valued at $45,000. Finally, Kingswood Wealth Advisors LLC boosted its holdings in Shiller CAPE U.S. Equities ETF by 8.1% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 20,050 shares of the company’s stock worth $653,000 after acquiring an additional 1,500 shares during the last quarter. 25.05% of the stock is owned by institutional investors.

Shiller CAPE U.S. Equities ETF Company 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.