Main Street Financial Solutions LLC Makes New Investment in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE)

Main Street Financial Solutions LLC purchased a new position in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 74,515 shares of the company’s stock, valued at approximately $2,066,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Foundations Investment Advisors LLC purchased a new position in Shiller CAPE U.S. Equities ETF in the 2nd quarter worth approximately $1,429,000. Csenge Advisory Group boosted its stake in shares of Shiller CAPE U.S. Equities ETF by 2.0% during the 2nd quarter. Csenge Advisory Group now owns 216,162 shares of the company’s stock valued at $5,992,000 after buying an additional 4,234 shares during the last quarter. Transcend Capital Advisors LLC boosted its stake in shares of Shiller CAPE U.S. Equities ETF by 9.2% during the 2nd quarter. Transcend Capital Advisors LLC now owns 13,653 shares of the company’s stock valued at $378,000 after buying an additional 1,154 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its stake in shares of Shiller CAPE U.S. Equities ETF by 33.3% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 12,400 shares of the company’s stock valued at $347,000 after buying an additional 3,100 shares during the last quarter. Finally, Walled Lake Planning & Wealth Management LLC boosted its stake in shares of Shiller CAPE U.S. Equities ETF by 1.6% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 845,782 shares of the company’s stock valued at $22,438,000 after buying an additional 13,467 shares during the last quarter.

Shiller CAPE U.S. Equities ETF Price Performance

Shares of CAPE opened at $28.98 on Thursday. The business’s fifty day moving average price is $28.39 and its 200 day moving average price is $27.69. Shiller CAPE U.S. Equities ETF has a 12-month low of $22.68 and a 12-month high of $29.31. The stock has a market capitalization of $404.56 million, a PE 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.