MAI Capital Management lessened its stake in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU – Free Report) by 0.4% in the third quarter, HoldingsChannel reports. The firm owned 63,899 shares of the company’s stock after selling 262 shares during the period. MAI Capital Management’s holdings in SPDR S&P 1500 Value Tilt ETF were worth $11,784,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC acquired a new stake in SPDR S&P 1500 Value Tilt ETF in the third quarter worth $1,757,000. J.W. Cole Advisors Inc. grew its stake in SPDR S&P 1500 Value Tilt ETF by 7.0% in the third quarter. J.W. Cole Advisors Inc. now owns 17,485 shares of the company’s stock valued at $3,225,000 after acquiring an additional 1,151 shares during the period. ShoreHaven Wealth Partners LLC grew 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 acquired a new stake in SPDR S&P 1500 Value Tilt ETF during the 3rd quarter worth approximately $844,000. Finally, Raymond James & Associates lifted its stake in SPDR S&P 1500 Value Tilt ETF by 314.9% in the third quarter. Raymond James & Associates now owns 53,440 shares of the company’s stock valued at $9,856,000 after buying an additional 40,559 shares in the last quarter.
SPDR S&P 1500 Value Tilt ETF Stock Up 0.4 %
SPDR S&P 1500 Value Tilt ETF stock opened at $190.31 on Tuesday. The company has a 50 day moving average of $184.69 and a 200-day moving average of $178.04. SPDR S&P 1500 Value Tilt ETF has a twelve month low of $149.69 and a twelve month high of $193.30. The stock has a market capitalization of $378.71 million, a PE ratio of 16.65 and a beta of 0.87.
SPDR S&P 1500 Value Tilt ETF 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.
Featured Stories
- Five stocks we like better than SPDR S&P 1500 Value Tilt ETF
- What is a Stock Market Index and How Do You Use Them?
- Is Monolithic Power Systems a Screaming Buy After Near 40% Drop?
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Applied Materials Market Capitulates: Now is the Time to Buy
- What is the S&P 500 and How It is Distinct from Other Indexes
- 3 Ultra-High Dividend Yield Stocks for the New Year
Want to see what other hedge funds are holding VLU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU – Free Report).
Receive News & Ratings for SPDR S&P 1500 Value Tilt ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 1500 Value Tilt ETF and related companies with MarketBeat.com's FREE daily email newsletter.
