Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE – Get Free Report) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,006 shares, a growth of 94.2% from the May 31st total of 518 shares. Based on an average daily trading volume, of 70,573 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.
Shiller CAPE U.S. Equities ETF Stock Performance
Shares of CAPE traded up $0.17 during midday trading on Wednesday, hitting $32.61. 2,445 shares of the stock traded hands, compared to its average volume of 47,387. The business’s 50 day moving average price is $32.31 and its two-hundred day moving average price is $32.30. The firm has a market capitalization of $270.01 million, a PE ratio of -22.49 and a beta of 0.98. Shiller CAPE U.S. Equities ETF has a 1-year low of $29.74 and a 1-year high of $34.25.
Institutional Investors Weigh In On Shiller CAPE U.S. Equities ETF
Large investors have recently made changes to their positions in the company. Root Financial Partners LLC bought a new stake in shares of Shiller CAPE U.S. Equities ETF during the first quarter valued at approximately $32,000. Northwestern Mutual Wealth Management Co. bought a new position in Shiller CAPE U.S. Equities ETF in the 2nd quarter worth approximately $45,000. Fifth Third Bancorp acquired a new stake in Shiller CAPE U.S. Equities ETF in the 1st quarter valued at approximately $96,000. Osaic Holdings Inc. increased its position in Shiller CAPE U.S. Equities ETF by 27.0% in the 2nd quarter. Osaic Holdings Inc. now owns 3,999 shares of the company’s stock valued at $127,000 after acquiring an additional 849 shares during the period. Finally, United Advisor Group LLC raised its stake in Shiller CAPE U.S. Equities ETF by 19.1% during the 4th quarter. United Advisor Group LLC now owns 7,381 shares of the company’s stock valued at $238,000 after acquiring an additional 1,184 shares in the last quarter. Institutional investors and hedge funds own 25.05% of the company’s stock.
About Shiller CAPE U.S. Equities ETF
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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