Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Shares Up 0.8% – Here’s What Happened

Shares of Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) rose 0.8% during trading on Friday . The company traded as high as $33.43 and last traded at $33.39. 8,172 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 41,581 shares. The stock had previously closed at $33.11.

Shiller CAPE U.S. Equities ETF Stock Up 0.8%

The firm has a market capitalization of $245.75 million, a price-to-earnings ratio of -23.03 and a beta of 0.97. The company’s 50 day moving average price is $32.55 and its 200 day moving average price is $32.37.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Waddell & Associates LLC raised its stake in shares of Shiller CAPE U.S. Equities ETF by 2.1% in the fourth quarter. Waddell & Associates LLC now owns 2,097,338 shares of the company’s stock worth $67,610,000 after purchasing an additional 42,940 shares during the last quarter. Straightline Group LLC increased its holdings in Shiller CAPE U.S. Equities ETF by 0.7% in the 4th quarter. Straightline Group LLC now owns 1,020,759 shares of the company’s stock worth $33,624,000 after buying an additional 7,196 shares during the period. Walled Lake Planning & Wealth Management LLC raised its position in Shiller CAPE U.S. Equities ETF by 0.6% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 841,761 shares of the company’s stock worth $27,135,000 after buying an additional 5,140 shares during the last quarter. Foundations Investment Advisors LLC raised its position in Shiller CAPE U.S. Equities ETF by 11.2% during the 4th quarter. Foundations Investment Advisors LLC now owns 571,950 shares of the company’s stock worth $18,437,000 after buying an additional 57,451 shares during the last quarter. Finally, UBS Group AG lifted its stake in Shiller CAPE U.S. Equities ETF by 1.2% during the 4th quarter. UBS Group AG now owns 367,903 shares of the company’s stock valued at $11,860,000 after acquiring an additional 4,378 shares during the period. 25.05% of the stock is owned by institutional investors and hedge funds.

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.