Walled Lake Planning & Wealth Management LLC Sells 36,341 Shares of Shiller CAPE U.S. Equities ETF $CAPE

Walled Lake Planning & Wealth Management LLC cut its position in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) by 4.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 836,621 shares of the company’s stock after selling 36,341 shares during the quarter. Shiller CAPE U.S. Equities ETF makes up 8.9% of Walled Lake Planning & Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Walled Lake Planning & Wealth Management LLC owned about 8.20% of Shiller CAPE U.S. Equities ETF worth $27,257,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in CAPE. Foundations Investment Advisors LLC increased its position in Shiller CAPE U.S. Equities ETF by 23.5% in the 2nd quarter. Foundations Investment Advisors LLC now owns 352,924 shares of the company’s stock valued at $11,227,000 after acquiring an additional 67,212 shares during the period. Armor Investment Advisors LLC grew its stake in shares of Shiller CAPE U.S. Equities ETF by 8.4% in the 2nd quarter. Armor Investment Advisors LLC now owns 17,022 shares of the company’s stock valued at $541,000 after purchasing an additional 1,313 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Shiller CAPE U.S. Equities ETF in the second quarter valued at approximately $45,000. Straightline Group LLC raised its stake in shares of Shiller CAPE U.S. Equities ETF by 1.0% during the second quarter. Straightline Group LLC now owns 970,604 shares of the company’s stock worth $30,875,000 after purchasing an additional 9,536 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in shares of Shiller CAPE U.S. Equities ETF by 27.0% during the second quarter. Osaic Holdings Inc. now owns 3,999 shares of the company’s stock worth $127,000 after purchasing an additional 849 shares during the period. Hedge funds and other institutional investors own 25.05% of the company’s stock.

Shiller CAPE U.S. Equities ETF Trading Down 1.6%

CAPE stock opened at $32.59 on Friday. The company’s 50-day moving average price is $32.77 and its 200 day moving average price is $32.40. Shiller CAPE U.S. Equities ETF has a 52 week low of $27.01 and a 52 week high of $33.29. The company has a market cap of $335.03 million, a P/E ratio of -22.48 and a beta of 1.05.

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. The fund utilizes the Precidian non-transparent model. CAPE was launched on Mar 31, 2022 and is managed by DoubleLine.