Main Street Financial Solutions LLC Has $2.99 Million Stake in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE)

Main Street Financial Solutions LLC raised its stake in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) by 35.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 101,061 shares of the company’s stock after purchasing an additional 26,546 shares during the period. Main Street Financial Solutions LLC owned 0.72% of Shiller CAPE U.S. Equities ETF worth $2,990,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Armor Investment Advisors LLC increased its stake in shares of Shiller CAPE U.S. Equities ETF by 18.9% in the third quarter. Armor Investment Advisors LLC now owns 15,008 shares of the company’s stock valued at $444,000 after buying an additional 2,385 shares during the period. HF Advisory Group LLC increased its position in Shiller CAPE U.S. Equities ETF by 1.5% during the 3rd quarter. HF Advisory Group LLC now owns 105,481 shares of the company’s stock valued at $3,121,000 after purchasing an additional 1,550 shares during the period. International Assets Investment Management LLC increased its position in Shiller CAPE U.S. Equities ETF by 2,859.0% during the 3rd quarter. International Assets Investment Management LLC now owns 2,402,678 shares of the company’s stock valued at $71,095,000 after purchasing an additional 2,321,479 shares during the period. Foundations Investment Advisors LLC increased its position in Shiller CAPE U.S. Equities ETF by 172.2% during the 3rd quarter. Foundations Investment Advisors LLC now owns 140,309 shares of the company’s stock valued at $4,152,000 after purchasing an additional 88,755 shares during the period. Finally, OLD National Bancorp IN bought a new position in shares of Shiller CAPE U.S. Equities ETF during the 3rd quarter worth approximately $621,000.

Shiller CAPE U.S. Equities ETF Stock Performance

Shares of Shiller CAPE U.S. Equities ETF stock traded up $0.18 on Wednesday, reaching $31.32. 22,497 shares of the company’s stock were exchanged, compared to its average volume of 33,485. Shiller CAPE U.S. Equities ETF has a 52 week low of $24.12 and a 52 week high of $31.47. The firm’s 50-day moving average is $29.58 and its two-hundred day moving average is $28.43. The company has a market capitalization of $437.23 million, a P/E ratio of 25.30 and a beta of 0.93.

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.