Shiller CAPE U.S. Equities ETF $CAPE Stock: Clear Point Advisors Inc. Trims Stake

Clear Point Advisors Inc. reduced its holdings in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) by 15.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 104,621 shares of the company’s stock after selling 18,620 shares during the quarter. Shiller CAPE U.S. Equities ETF makes up 2.2% of Clear Point Advisors Inc.’s portfolio, making the stock its 13th biggest position. Clear Point Advisors Inc.’s holdings in Shiller CAPE U.S. Equities ETF were worth $3,233,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Walled Lake Planning & Wealth Management LLC raised its stake in Shiller CAPE U.S. Equities ETF by 1.4% during the third quarter. Walled Lake Planning & Wealth Management LLC now owns 819,109 shares of the company’s stock worth $25,311,000 after acquiring an additional 11,181 shares during the period. HF Advisory Group LLC lifted its holdings in Shiller CAPE U.S. Equities ETF by 4.6% in the third quarter. HF Advisory Group LLC now owns 156,526 shares of the company’s stock worth $4,837,000 after acquiring an additional 6,886 shares during the last quarter. Fifth Third Bancorp bought a new position in Shiller CAPE U.S. Equities ETF in the first quarter worth about $96,000. Finally, Root Financial Partners LLC acquired a new position in Shiller CAPE U.S. Equities ETF in the first quarter valued at approximately $32,000. 25.05% of the stock is owned by institutional investors and hedge funds.

Shiller CAPE U.S. Equities ETF Trading Up 2.7%

NYSEARCA:CAPE opened at $32.98 on Thursday. The stock has a 50 day moving average of $31.94 and a 200-day moving average of $32.32. The firm has a market capitalization of $212.39 million, a PE ratio of -22.74 and a beta of 0.96. Shiller CAPE U.S. Equities ETF has a 52 week low of $29.74 and a 52 week high of $34.25.

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. The fund utilizes the Precidian non-transparent model. CAPE was launched on Mar 31, 2022 and is managed by DoubleLine.