Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Position Lessened by Kayne Anderson Rudnick Investment Management LLC

Kayne Anderson Rudnick Investment Management LLC decreased its position in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) by 14.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 49,489 shares of the company’s stock after selling 8,263 shares during the period. Kayne Anderson Rudnick Investment Management LLC owned approximately 0.35% of Shiller CAPE U.S. Equities ETF worth $1,373,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Main Street Financial Solutions LLC purchased a new position in Shiller CAPE U.S. Equities ETF during the 2nd quarter valued at about $2,066,000. Foundations Investment Advisors LLC acquired a new position in shares of Shiller CAPE U.S. Equities ETF during the 2nd quarter worth $1,429,000. Csenge Advisory Group raised its holdings in shares of Shiller CAPE U.S. Equities ETF by 9.0% during the 1st quarter. Csenge Advisory Group now owns 211,928 shares of the company’s stock valued at $5,934,000 after purchasing an additional 17,441 shares in the last quarter. Walled Lake Planning & Wealth Management LLC lifted its stake in shares of Shiller CAPE U.S. Equities ETF by 1.6% in the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 845,782 shares of the company’s stock valued at $22,438,000 after purchasing an additional 13,467 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC boosted its holdings in Shiller CAPE U.S. Equities ETF by 33.3% in the first quarter. Kingswood Wealth Advisors LLC now owns 12,400 shares of the company’s stock worth $347,000 after purchasing an additional 3,100 shares in the last quarter.

Shiller CAPE U.S. Equities ETF Stock Performance

CAPE opened at $29.60 on Tuesday. The stock has a 50-day moving average of $28.58 and a 200-day moving average of $27.82. Shiller CAPE U.S. Equities ETF has a 52-week low of $22.68 and a 52-week high of $30.00. The company has a market cap of $413.15 million, a PE ratio of 25.30 and a beta of 0.93.

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.