International Assets Investment Management LLC Sells 2,321,479 Shares of Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE)

International Assets Investment Management LLC reduced its stake in shares of Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) by 96.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,199 shares of the company’s stock after selling 2,321,479 shares during the quarter. International Assets Investment Management LLC owned approximately 0.58% of Shiller CAPE U.S. Equities ETF worth $2,423,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CAPE. Main Street Financial Solutions LLC acquired a new stake in Shiller CAPE U.S. Equities ETF in the second quarter worth about $2,066,000. Bank of Montreal Can boosted its stake in Shiller CAPE U.S. Equities ETF by 4.7% in the 2nd quarter. Bank of Montreal Can now owns 95,011 shares of the company’s stock worth $2,641,000 after purchasing an additional 4,226 shares in the last quarter. Avaii Wealth Management LLC grew its position in Shiller CAPE U.S. Equities ETF by 2.9% during the 3rd quarter. Avaii Wealth Management LLC now owns 24,056 shares of the company’s stock worth $712,000 after purchasing an additional 683 shares during the last quarter. OLD National Bancorp IN acquired a new position in Shiller CAPE U.S. Equities ETF during the 3rd quarter valued at approximately $621,000. Finally, Foundations Investment Advisors LLC raised its holdings in shares of Shiller CAPE U.S. Equities ETF by 172.2% in the third quarter. Foundations Investment Advisors LLC now owns 140,309 shares of the company’s stock worth $4,152,000 after buying an additional 88,755 shares during the last quarter.

Shiller CAPE U.S. Equities ETF Stock Performance

CAPE stock traded down $0.10 during midday trading on Wednesday, reaching $29.65. The stock had a trading volume of 2,533 shares, compared to its average volume of 33,587. Shiller CAPE U.S. Equities ETF has a 52-week low of $25.60 and a 52-week high of $32.13. The stock has a market cap of $413.91 million, a PE ratio of 25.30 and a beta of 0.93. The firm has a fifty day simple moving average of $30.88 and a two-hundred day simple moving average of $29.51.

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.