Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Trading Down 0.1% – What’s Next?

Shares of Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) were down 0.1% on Monday . The stock traded as low as $29.95 and last traded at $29.96. Approximately 50,019 shares traded hands during mid-day trading, an increase of 5% from the average daily volume of 47,673 shares. The stock had previously closed at $29.99.

Shiller CAPE U.S. Equities ETF Price Performance

The stock has a 50-day moving average price of $30.88 and a 200-day moving average price of $29.48. The company has a market capitalization of $418.24 million, a P/E ratio of 25.30 and a beta of 0.93.

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

Large investors have recently modified their holdings of the company. Armor Investment Advisors LLC grew its holdings in Shiller CAPE U.S. Equities ETF by 18.9% during the 3rd quarter. Armor Investment Advisors LLC now owns 15,008 shares of the company’s stock worth $444,000 after acquiring an additional 2,385 shares during the period. OLD National Bancorp IN bought a new stake in Shiller CAPE U.S. Equities ETF in the third quarter worth approximately $621,000. Avaii Wealth Management LLC lifted its stake in Shiller CAPE U.S. Equities ETF by 2.9% in the third quarter. Avaii Wealth Management LLC now owns 24,056 shares of the company’s stock valued at $712,000 after buying an additional 683 shares during the period. Main Street Financial Solutions LLC bought a new position in shares of Shiller CAPE U.S. Equities ETF during the 2nd quarter worth approximately $2,066,000. Finally, Bank of Montreal Can increased its stake in shares of Shiller CAPE U.S. Equities ETF by 4.7% in the 2nd quarter. Bank of Montreal Can now owns 95,011 shares of the company’s stock valued at $2,641,000 after acquiring an additional 4,226 shares in the last quarter.

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.