CTEF Castellan Targeted Equity ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
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Castellan Targeted Equity ETF (CTEF) ETF
No description available.
- Exchange
- BATS
- Inception
- 2025-06-17
- Has Options
- No
- Expense ratio
- 0.45% prospectus, filed Jun 9, 2025
- Assets
- $610M SEC filing, May 29, 2026
- Trailing yield
- 0.06% paid annual
- Average daily volume
- $487K 30 sessions
- Holdings
- 46 top 10 are 52.6%
- Listed
- Jun 17, 2025 Cboe BZX
Moves with. US large-cap stocks (53% of its variance, beta 1.24); Emerging markets over US (12% of its variance, beta 0.29); Small caps over large (10% of its variance, beta 0.57); Value over growth (9% of its variance, beta -0.24). These factors explain 77% of its daily moves over the last year.
Stated objective. The Castellan Targeted Equity ETF (the Fund) seeks to achieve capital appreciation. (from the fund's prospectus)
All 46 holdingsFlow historySimilar fundsOverlap toolAll Large Cap Blend ETFs
- May 2026
- −$1.1M latest reported month
- Latest 3 months
- +$12M +1.9% of assets
- Latest 12 months
- +$317M +52.0% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | −$1.1M |
| Apr 2026 | −$1.2M |
| Mar 2026 | +$14M |
| Feb 2026 | +$1.8M |
| Jan 2026 | −$8.0M |
| Dec 2025 | −$212K |
| Nov 2025 | −$1.1M |
| Oct 2025 | +$611K |
| Sep 2025 | +$7.5M |
| Aug 2025 | +$6.4M |
| Jul 2025 | +$9.6M |
| Jun 2025 | +$289M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 12 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| GARPiShares MSCI USA Quality GARP ETF | 22% | 0.15% | $3.6B | +22.7% | compare |
| SEIMSEI QiM U.S. Large Cap Momentum Active ETF | 20% | 0.15% | $1.5B | +17.4% | compare |
| CLSEConvergence Long/Short Equity ETF | 20% | 1.52% | $614M | +31.0% | compare |
| AFOSARS Focused Opportunity Strategy ETF | 20% | 0.45% | $289M | +40.4% | compare |
| RWLCRayliant NxtGen Multifactor US Equity ETF | 19% | 0.32% | $97M | — | compare |
Ranked by how much of the two portfolios is the same securities.
- Holdings vs fair value
- +22.3% 64% under, 16% over · 100% covered
- Price / earnings
- 16.2 0% loss-making · 100% covered
- Price / book · sales
- 6.0 · 1.9 revenue growth +15.2%
- Above 200-day average
- 69% 53% above 50-day · by weight
- Short interest
- 5.8% of float, weighted · 3.6 days to cover
- Insider buying
- 4% of weight had net insider buying, 90 days; 74% net selling
- 13F holders
- +0.7% change in shares held by institutions, latest quarter
- Reporting earnings
- 34.8% of weight in 7 days; 71.8% in 14
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| New position | DAVEDave Inc | — | 4.86% | — |
| Exit | CCLCarnival Corp | 4.43% | — | — |
| Exit | HALOHalozyme Therapeutics Inc | 4.30% | — | — |
| New position | BFHBread Financial Holdings Inc | — | 4.15% | — |
| New position | VIRTVirtu Financial Inc | — | 4.06% | — |
| Exit | ALLAllstate Corp/The | 3.74% | — | — |
| New position | FTDRFrontdoor Inc | — | 3.55% | — |
| New position | EXPEExpedia Group Inc | — | 3.38% | — |
| Decrease | MUMicron Technology Inc | 6.90% | 10.26% | −28.5% |
| Exit | Norwegian Cruise Line Holdings Ltd | 3.24% | — | — |
- Authorized participants
- 5 active of 5 with agreements; top 3 did 99%
- Created · redeemed
- $347M · $296M over the fiscal year
- Redemptions in kind
- 97% creations 74% in kind
- Creation unit
- 10,000 shares
- Securities lending
- authorized, none lent
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2025-12-23 | 2025-12-24 | $0.0508 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| MU | Micron Technology Inc | 10.26% | Equity (common) | US |
| WDC | Western Digital Corp | 7.21% | Equity (common) | US |
| LRCX | Lam Research Corp | 6.41% | Equity (common) | US |
| JBL | Jabil Inc | 6.34% | Equity (common) | US |
| MOD | Modine Manufacturing Co | 5.85% | Equity (common) | US |
| FIX | Comfort Systems USA Inc | 5.77% | Equity (common) | US |
| DAVE | Dave Inc | 4.86% | Equity (common) | US |
| DECK | Deckers Outdoor Corp | 4.66% | Equity (common) | US |
| TPR | Tapestry Inc | 4.35% | Equity (common) | US |
| NVDA | NVIDIA Corp | 4.25% | Equity (common) | US |
| BFH | Bread Financial Holdings Inc | 4.15% | Equity (common) | US |
| VIRT | Virtu Financial Inc | 4.06% | Equity (common) | US |
| BLBD | Blue Bird Corp | 4.05% | Equity (common) | US |
| AMG | Affiliated Managers Group Inc | 3.70% | Equity (common) | US |
| FTDR | Frontdoor Inc | 3.55% | Equity (common) | US |
| PLMR | Palomar Holdings Inc | 3.40% | Equity (common) | US |
| EXPE | Expedia Group Inc | 3.38% | Equity (common) | US |
| APP | AppLovin Corp | 3.37% | Equity (common) | US |
| THC | Tenet Healthcare Corp | 3.27% | Equity (common) | US |
| MCK | McKesson Corp | 3.07% | Equity (common) | US |
| MSFT | Microsoft Corp | 2.52% | Equity (common) | US |
| UHS | Universal Health Services Inc | 2.44% | Equity (common) | US |
| — | MU 07/17/2026 315.01 C | 1.64% | Derivative (equity) | US |
| — | JBL 06/18/2026 225.01 C | 0.41% | Derivative (equity) | US |
| — | First American Government Obligations Fund | 0.31% | Short-term investment | US |
| — | DAVE 11/20/2026 240.01 C | 0.29% | Derivative (equity) | US |
| — | DAVE 11/20/2026 250.01 C | 0.27% | Derivative (equity) | US |
| — | EXPE 09/18/2026 240.01 C | 0.12% | Derivative (equity) | US |
| — | BFH 11/20/2026 85.01 C | 0.12% | Derivative (equity) | US |
| — | BFH 11/20/2026 87.51 C | 0.10% | Derivative (equity) | US |
| — | FTDR 10/16/2026 60.01 C | 0.09% | Derivative (equity) | US |
| — | VIRT 09/18/2026 47.01 C | 0.09% | Derivative (equity) | US |
| — | VIRT 09/18/2026 48.01 C | 0.08% | Derivative (equity) | US |
| — | DECK 09/18/2026 120.01 C | 0.06% | Derivative (equity) | US |
| — | FTDR 10/16/2026 65.01 C | 0.06% | Derivative (equity) | US |
| — | DECK 09/18/2026 140.01 C | -0.04% | Derivative (equity) | US |
| — | EXPE 09/18/2026 290.01 C | -0.04% | Derivative (equity) | US |
| — | VIRT 09/18/2026 47.01 P | -0.04% | Derivative (equity) | US |
| — | FTDR 10/16/2026 75.01 C | -0.05% | Derivative (equity) | US |
| — | FTDR 10/16/2026 60.01 P | -0.05% | Derivative (equity) | US |
| — | BFH 11/20/2026 85.01 P | -0.07% | Derivative (equity) | US |
| — | VIRT 09/18/2026 54.01 C | -0.08% | Derivative (equity) | US |
| — | EXPE 09/18/2026 240.01 P | -0.09% | Derivative (equity) | US |
| — | BFH 11/20/2026 100.01 C | -0.11% | Derivative (equity) | US |
| — | DAVE 11/20/2026 240.01 P | -0.12% | Derivative (equity) | US |
| — | DAVE 11/20/2026 330.01 C | -0.30% | Derivative (equity) | US |
| — | JBL 06/18/2026 255.01 C | -0.65% | Derivative (equity) | US |
| — | MU 07/17/2026 400.01 C | -2.87% | Derivative (equity) | US |
| Month | '25 | '26 | Avg |
|---|---|---|---|
| Jan | -- | 3.63% | 3.63% |
| Feb | -- | 3.92% | 3.92% |
| Mar | -- | -9.23% | -9.23% |
| Apr | -- | 12.15% | 12.15% |
| May | -- | 8.73% | 8.73% |
| Jun | 4.39% | 10.24% | 7.31% |
| Jul | 7.99% | -4.52% | 1.74% |
| Aug | 6.46% | -2.92% | 1.77% |
| Sep | 10.83% | -1.74% | 4.54% |
| Oct | 0.68% | -0.26%* | 0.21% |
| Nov | -0.23% | -- | -0.23% |
| Dec | 1.13% | -- | 1.13% |
| Total | 35.12% | 19.37% | 27.24% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report: CTEF
Executive Summary
BULLISH (Confidence Level: 7/10)
Key drivers: Strong technical momentum, bullish MACD signal, and a stable market environment.
Primary risks: High volatility, potential overbought conditions, and conflicting news sentiment.
2-3 sentence investment thesis: CTEF is a high-volatility stock with strong technical momentum, which could drive the price higher in the short term. However, caution is advised due to the risk of overbought conditions and potentially conflicting news sentiment.
Recent news sentiment impact: No recent news available, so no impact on our analysis.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): Bullish, Medium-term (1-3 months): Neutral, Long-term (3-12 months): Bearish
Support/Resistance Levels: Key price levels include the SMA 20 ($81.37) and upper Bollinger Band ($85.45), which could serve as resistance.
Momentum Signals:
- RSI interpretation: Overbought (68.52), indicating a potential short-term correction.
- MACD signal: Bullish, confirming the upward trend.
- Bollinger Bands position: Neutral, with price hovering near the upper band.
Volume Analysis: Volume trends and institutional interest signals are mixed, with volume SMA 20 indicating a decline in trading activity.
News & Sentiment Analysis
Recent Headlines Summary: No recent news available.
Sentiment Assessment: N/A (no news available).
Catalyst Identification: No upcoming events or earnings releases available.
Market Narrative: The absence of significant news events allows the technical momentum to drive price action.
Risk & Volatility Assessment
Beta Interpretation: High-risk stock with a beta of 1.46, indicating higher volatility than the market.
Volatility Regime: High volatility, driven by strong technical momentum and market fluctuations.
Options Market Signals: N/A (no options data available).
Downside Protection: Support levels include the SMA 20 ($81.37) and lower Bollinger Band ($77.29), which could serve as protection against potential downside moves.
Market Context & Positioning
Sector Performance: CTEF is outperforming its sector, indicating a relative strength in the short term.
Institutional Activity: Mixed volume trends suggest institutional interest is not driving price action significantly.
Correlation Analysis: High correlation (0.80) with the market, indicating that CTEF's movements are closely tied to broader market conditions.
Relative Valuation: The stock is trading within a moderate upward trend, which could continue if technical momentum persists.
Key Levels & Action Items
Critical Price Levels: Support/resistance levels include SMA 20 ($81.37) and upper Bollinger Band ($85.45).
Breakout/Breakdown Levels: A potential breakdown below the lower Bollinger Band ($77.29) could signal a significant downward move.
Time-Sensitive Catalysts: No upcoming events or earnings releases available, but technical signals remain key drivers of price action.
Risk Management: Consider setting stop-loss levels around $80.00 and position sizing accordingly to manage risk in case of potential short-term corrections.
CTEF Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 250
Period: 252 trading days
High volatility - stock moves more than market
CTEF Institutional Ownership (13F)
Latest filings — 2026-06-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| MU | Micron Technology Inc | 10.26% | $896.74 | -1.85% | -3.70% | -17.01% |
| WDC | Western Digital Corp | 7.21% | $359.06 | -5.14% | +0.73% | -20.26% |
| LRCX | Lam Research Corp | 6.41% | $239.47 | -8.18% | -13.69% | -22.04% |
| JBL | Jabil Inc | 6.34% | $263.22 | -6.32% | -8.33% | -15.28% |
| MOD | Modine Manufacturing Co | 5.85% | $138.49 | -7.54% | -10.08% | -29.68% |
| FIX | Comfort Systems USA Inc | 5.77% | $1308.03 | -6.65% | -11.70% | -20.41% |
| DAVE | Dave Inc | 4.86% | $377.74 | +0.26% | +2.37% | +13.96% |
| DECK | Deckers Outdoor Corp | 4.66% | $86.12 | +0.74% | -0.53% | +9.46% |
| TPR | Tapestry Inc | 4.35% | $115.47 | +0.27% | -3.57% | +2.99% |
| NVDA | NVIDIA Corp | 4.25% | $215.88 | -2.74% | -0.62% | -3.87% |
| BFH | Bread Financial Holdings Inc | 4.15% | $104.53 | -3.78% | +3.17% | +2.92% |
| VIRT | Virtu Financial Inc | 4.06% | $56.71 | -0.72% | -1.22% | +7.69% |
| BLBD | Blue Bird Corp | 4.05% | $56.9 | -0.38% | -1.06% | +2.38% |
| AMG | Affiliated Managers Group Inc | 3.70% | $394.25 | +0.15% | +2.93% | +6.35% |
| FTDR | Frontdoor Inc | 3.55% | $83.15 | +2.84% | +6.25% | +15.68% |
| PLMR | Palomar Holdings Inc | 3.40% | $142.11 | +2.11% | +3.27% | +13.12% |
| EXPE | Expedia Group Inc | 3.38% | $293.66 | +2.81% | +0.61% | +12.19% |
| APP | AppLovin Corp | 3.37% | $267.35 | -0.21% | -4.28% | -14.44% |
| THC | Tenet Healthcare Corp | 3.27% | $266.69 | -0.91% | -3.07% | +6.87% |
| MCK | McKesson Corp | 3.07% | $1016.7 | +0.12% | +1.81% | +16.95% |
| MSFT | Microsoft Corp | 2.52% | $524.05 | -1.67% | -2.85% | +5.25% |
| UHS | Universal Health Services Inc | 2.44% | $183.28 | +0.22% | -2.18% | +3.55% |