NewEdge Advisors LLC lessened its stake in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU – Free Report) by 43.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,028 shares of the company’s stock after selling 3,111 shares during the quarter. NewEdge Advisors LLC owned approximately 0.13% of SPDR S&P 1500 Value Tilt ETF worth $866,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nadler Financial Group Inc. purchased a new position in SPDR S&P 1500 Value Tilt ETF during the first quarter valued at $26,285,000. Raymond James Financial Inc. raised its position in shares of SPDR S&P 1500 Value Tilt ETF by 62.5% during 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 SPDR S&P 1500 Value Tilt ETF in the 1st quarter valued at about $12,618,000. LPL Financial LLC lifted its stake in SPDR S&P 1500 Value Tilt ETF by 8.4% in the 4th quarter. LPL Financial LLC now owns 406,592 shares of the company’s stock valued at $85,644,000 after buying an additional 31,663 shares in the last quarter. Finally, Thrivent Financial for Lutherans acquired a new stake in SPDR S&P 1500 Value Tilt ETF in the 4th quarter worth about $6,506,000.
SPDR S&P 1500 Value Tilt ETF Stock Performance
NYSEARCA:VLU opened at $243.34 on Monday. The stock has a 50 day moving average of $239.00 and a two-hundred day moving average of $228.62. SPDR S&P 1500 Value Tilt ETF has a 12 month low of $190.19 and a 12 month high of $244.14. The firm has a market cap of $756.79 million, a P/E ratio of 17.09 and a beta of 0.87.
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.
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