Straightline Group LLC Has $32.83 Million Holdings in Shiller CAPE U.S. Equities ETF $CAPE

Straightline Group LLC lifted its holdings in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) by 4.4% in the third quarter, HoldingsChannel reports. The firm owned 1,013,563 shares of the company’s stock after purchasing an additional 42,959 shares during the quarter. Shiller CAPE U.S. Equities ETF accounts for 18.9% of Straightline Group LLC’s portfolio, making the stock its 3rd largest position. Straightline Group LLC owned about 0.10% of Shiller CAPE U.S. Equities ETF worth $32,829,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CAPE. Northwestern Mutual Wealth Management Co. bought a new position in Shiller CAPE U.S. Equities ETF during the second quarter valued at $45,000. Osaic Holdings Inc. raised its position in shares of Shiller CAPE U.S. Equities ETF by 27.0% during the 2nd quarter. Osaic Holdings Inc. now owns 3,999 shares of the company’s stock valued at $127,000 after buying an additional 849 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of Shiller CAPE U.S. Equities ETF during the 3rd quarter valued at about $259,000. Pettinga Financial Advisors LLC bought a new position in shares of Shiller CAPE U.S. Equities ETF in the 3rd quarter valued at about $265,000. Finally, Creative Financial Designs Inc. ADV grew its position in Shiller CAPE U.S. Equities ETF by 1,080.4% in the second quarter. Creative Financial Designs Inc. ADV now owns 14,755 shares of the company’s stock worth $469,000 after acquiring an additional 13,505 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 Price Performance

Shares of NYSEARCA CAPE opened at $32.89 on Friday. Shiller CAPE U.S. Equities ETF has a 1-year low of $27.01 and a 1-year high of $33.28. The business’s 50 day moving average is $32.62 and its two-hundred day moving average is $32.29. The stock has a market capitalization of $338.11 million, a P/E ratio of -22.68 and a beta of 1.05.

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.