Bank of Montreal Can Has $2.86 Million Stake in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE)

Bank of Montreal Can grew its holdings in shares of Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) by 1.8% in the third quarter, HoldingsChannel.com reports. The fund owned 96,765 shares of the company’s stock after acquiring an additional 1,754 shares during the quarter. Bank of Montreal Can’s holdings in Shiller CAPE U.S. Equities ETF were worth $2,861,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Foundations Investment Advisors LLC acquired a new stake in shares of Shiller CAPE U.S. Equities ETF in the 2nd quarter valued at about $1,429,000. Avaii Wealth Management LLC increased its holdings in shares of Shiller CAPE U.S. Equities ETF by 2.9% during the third quarter. Avaii Wealth Management LLC now owns 24,056 shares of the company’s stock valued at $712,000 after acquiring an additional 683 shares in the last quarter. Armor Investment Advisors LLC raised its position in shares of Shiller CAPE U.S. Equities ETF by 18.9% during the third quarter. Armor Investment Advisors LLC now owns 15,008 shares of the company’s stock worth $444,000 after purchasing an additional 2,385 shares during the period. OLD National Bancorp IN bought a new position in shares of Shiller CAPE U.S. Equities ETF in the 3rd quarter worth $621,000. Finally, Main Street Financial Solutions LLC acquired a new stake in Shiller CAPE U.S. Equities ETF in the 2nd quarter valued at $2,066,000.

Shiller CAPE U.S. Equities ETF Trading Down 0.3 %

CAPE opened at $31.83 on Thursday. Shiller CAPE U.S. Equities ETF has a 1-year low of $25.14 and a 1-year high of $32.13. The company has a market cap of $444.35 million, a price-to-earnings ratio of 25.30 and a beta of 0.93. The company’s fifty day moving average price is $30.36 and its two-hundred day moving average price is $28.95.

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.