Thrivent Financial for Lutherans Decreases Holdings in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

Thrivent Financial for Lutherans lowered its holdings in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 2.7% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 14,585 shares of the company’s stock after selling 400 shares during the quarter. Thrivent Financial for Lutherans’ holdings in SPDR S&P 1500 Value Tilt ETF were worth $2,690,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in VLU. Janney Montgomery Scott LLC purchased a new stake in SPDR S&P 1500 Value Tilt ETF in the third quarter valued at $1,757,000. J.W. Cole Advisors Inc. lifted its holdings in shares of SPDR S&P 1500 Value Tilt ETF by 7.0% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 17,485 shares of the company’s stock valued at $3,225,000 after purchasing an additional 1,151 shares during the last quarter. ShoreHaven Wealth Partners LLC boosted its position in shares of SPDR S&P 1500 Value Tilt ETF by 0.3% in the 3rd quarter. ShoreHaven Wealth Partners LLC now owns 28,121 shares of the company’s stock valued at $5,186,000 after purchasing an additional 97 shares during the period. Private Advisor Group LLC purchased a new position in SPDR S&P 1500 Value Tilt ETF during the 3rd quarter worth approximately $844,000. Finally, Raymond James & Associates increased its position in SPDR S&P 1500 Value Tilt ETF by 314.9% during the third quarter. Raymond James & Associates now owns 53,440 shares of the company’s stock worth $9,856,000 after buying an additional 40,559 shares during the period.

SPDR S&P 1500 Value Tilt ETF Trading Up 0.0 %

VLU stock opened at $195.40 on Wednesday. The company has a market capitalization of $388.84 million, a P/E ratio of 16.65 and a beta of 0.87. The business has a 50 day simple moving average of $186.54 and a 200-day simple moving average of $179.12. SPDR S&P 1500 Value Tilt ETF has a twelve month low of $150.43 and a twelve month high of $195.93.

About SPDR S&P 1500 Value Tilt ETF

The SPDR S&P 1500 Value Tilt ETF (VLU) is an exchange-traded fund that is based on the S&P 1500 Low Valuation Tilt index. The fund tracks an index that weights securities according to a combination of fundamental factors, and aims to find those with lower prices relative to valuations. VLU was launched on Oct 24, 2012 and is managed by State Street.