Not sure how important it is that the song is in key E, but we'll use that as a basis.
Since it uses the three main major chords, and a couple of minors, we'll say that all six chords should be available. Let's check out the five positions.
Key E, open chords, E, A and B7 all straightforward. F♯m, C♯m and G♯m need barring.
Key E, capo 4th fret. Shapes are now C, F and G. Minors Am, Em, Dm. All 'open' shapes, barring (sic) F.
Key E, capo 2nd fret. Shapes now are D, G, A. Minors Bm, F♯m, C♯m. Majors 'open', all minors need barring.
Key E, capo 7th fret. Shapes are A, D and E. Minors F♯m, G♯m and C♯m. Majors simple, all minors need barring.
Key E, capo 9th fret. Getting unmanageable on some guitars! Shapes are G, C, D. Minors are Em, Am, Bm. All open except Bm.
Those are the options, they're based on CAGED system, simply speaking. Choice comes from voicings, playability, and reachability. Some players would stick to one position - with use of a capo, why not, others would go for the sound of the voicing, along with which strings work best for arpeggios, others would eschew the capo altogether, while yet others might opt for a capo on a low fret, but also use barre shapes higher.