Foundations Investment Advisors LLC Has $16.76 Million Stock Position in Shiller CAPE U.S. Equities ETF $CAPE

Foundations Investment Advisors LLC grew its holdings in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) by 45.8% in the third quarter, HoldingsChannel reports. The fund owned 514,499 shares of the company’s stock after buying an additional 161,575 shares during the period. Foundations Investment Advisors LLC owned 0.05% of Shiller CAPE U.S. Equities ETF worth $16,762,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Triad Wealth Partners LLC bought a new stake in Shiller CAPE U.S. Equities ETF in the 3rd quarter valued at about $259,000. Kingswood Wealth Advisors LLC raised its position in shares of Shiller CAPE U.S. Equities ETF by 8.1% in the third quarter. Kingswood Wealth Advisors LLC now owns 20,050 shares of the company’s stock valued at $653,000 after buying an additional 1,500 shares in the last quarter. Pettinga Financial Advisors LLC bought a new stake in shares of Shiller CAPE U.S. Equities ETF in the third quarter valued at approximately $265,000. Armor Investment Advisors LLC grew its position in Shiller CAPE U.S. Equities ETF by 1,227.6% during the third quarter. Armor Investment Advisors LLC now owns 225,976 shares of the company’s stock worth $7,362,000 after buying an additional 208,954 shares in the last quarter. Finally, Osaic Holdings Inc. grew its position in Shiller CAPE U.S. Equities ETF by 27.0% during the second quarter. Osaic Holdings Inc. now owns 3,999 shares of the company’s stock worth $127,000 after buying an additional 849 shares in the last quarter. 25.05% of the stock is owned by institutional investors.

Shiller CAPE U.S. Equities ETF Price Performance

Shares of NYSEARCA CAPE opened at $32.66 on Thursday. The business has a fifty day moving average price of $32.42 and a two-hundred day moving average price of $32.20. The stock has a market capitalization of $335.74 million, a PE ratio of -22.52 and a beta of 1.05. Shiller CAPE U.S. Equities ETF has a fifty-two week low of $27.01 and a fifty-two week high of $33.19.

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. The fund utilizes the Precidian non-transparent model. CAPE was launched on Mar 31, 2022 and is managed by DoubleLine.