International Assets Investment Management LLC Sells 68,578 Shares of Shiller CAPE U.S. Equities ETF $CAPE

International Assets Investment Management LLC lessened its position in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) by 93.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,196 shares of the company’s stock after selling 68,578 shares during the period. International Assets Investment Management LLC’s holdings in Shiller CAPE U.S. Equities ETF were worth $161,000 at the end of the most recent quarter.

Separately, Fifth Third Bancorp bought a new stake in Shiller CAPE U.S. Equities ETF during the first quarter worth $96,000. 25.05% of the stock is owned by institutional investors and hedge funds.

Shiller CAPE U.S. Equities ETF Stock Down 1.9%

NYSEARCA CAPE traded down $0.62 on Friday, reaching $32.13. The company had a trading volume of 17,610 shares, compared to its average volume of 41,146. The company’s fifty day moving average is $31.91 and its 200 day moving average is $32.32. Shiller CAPE U.S. Equities ETF has a 52-week low of $29.74 and a 52-week high of $34.25. The stock has a market capitalization of $206.92 million, a P/E ratio of -22.16 and a beta of 0.96.

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.