SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) Short Interest Update

SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 3,798 shares, a decline of 67.8% from the April 15th total of 11,803 shares. Based on an average daily trading volume, of 14,074 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On SPDR S&P 1500 Value Tilt ETF

Several hedge funds have recently made changes to their positions in VLU. Nadler Financial Group Inc. acquired a new position in shares of SPDR S&P 1500 Value Tilt ETF in the 1st quarter worth approximately $26,285,000. Raymond James Financial Inc. grew its stake in shares of SPDR S&P 1500 Value Tilt ETF by 62.5% in the 3rd quarter. Raymond James Financial Inc. now owns 176,603 shares of the company’s stock worth $36,048,000 after purchasing an additional 67,954 shares during the last quarter. Systelligence LLC purchased a new position in shares of SPDR S&P 1500 Value Tilt ETF in the first quarter worth approximately $12,618,000. LPL Financial LLC increased its position in shares of SPDR S&P 1500 Value Tilt ETF by 8.4% in the fourth quarter. LPL Financial LLC now owns 406,592 shares of the company’s stock worth $85,644,000 after acquiring an additional 31,663 shares in the last quarter. Finally, Thrivent Financial for Lutherans purchased a new position in shares of SPDR S&P 1500 Value Tilt ETF in the fourth quarter worth approximately $6,506,000.

SPDR S&P 1500 Value Tilt ETF Stock Performance

Shares of VLU stock traded up $0.84 during midday trading on Thursday, reaching $233.29. 9,812 shares of the company were exchanged, compared to its average volume of 13,575. The company’s 50 day moving average price is $222.73 and its two-hundred day moving average price is $217.11. The company has a market cap of $697.54 million, a P/E ratio of 17.09 and a beta of 0.87. SPDR S&P 1500 Value Tilt ETF has a 12 month low of $182.01 and a 12 month high of $233.74.

SPDR S&P 1500 Value Tilt ETF Company Profile

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.