Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE – Get Free Report) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 518 shares, a drop of 37.4% from the May 14th total of 828 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 29,820 shares, the short-interest ratio is presently 0.0 days.
Institutional Investors Weigh In On Shiller CAPE U.S. Equities ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Waddell & Associates LLC lifted its position in Shiller CAPE U.S. Equities ETF by 2.1% in the 4th quarter. Waddell & Associates LLC now owns 2,097,338 shares of the company’s stock worth $67,610,000 after buying an additional 42,940 shares in the last quarter. Straightline Group LLC lifted its position 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 in the last quarter. Walled Lake Planning & Wealth Management LLC grew its stake in shares of Shiller CAPE U.S. Equities ETF by 0.6% in the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 841,761 shares of the company’s stock valued at $27,135,000 after buying an additional 5,140 shares in the last quarter. Foundations Investment Advisors LLC grew its stake in shares of Shiller CAPE U.S. Equities ETF by 11.2% in the 4th quarter. Foundations Investment Advisors LLC now owns 571,950 shares of the company’s stock valued at $18,437,000 after buying an additional 57,451 shares in the last quarter. Finally, UBS Group AG grew its stake in shares of Shiller CAPE U.S. Equities ETF by 1.2% in the 4th quarter. UBS Group AG now owns 367,903 shares of the company’s stock valued at $11,860,000 after buying an additional 4,378 shares in the last quarter. Hedge funds and other institutional investors own 25.05% of the company’s stock.
Shiller CAPE U.S. Equities ETF Trading Down 0.9%
CAPE stock traded down $0.29 during midday trading on Wednesday, reaching $32.29. The company had a trading volume of 767 shares, compared to its average volume of 50,294. Shiller CAPE U.S. Equities ETF has a 1 year low of $29.74 and a 1 year high of $34.25. The company has a market capitalization of $267.36 million, a P/E ratio of -22.27 and a beta of 0.98. The company has a 50 day moving average of $32.25 and a two-hundred day moving average of $32.31.
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.
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