ShoreHaven Wealth Partners LLC Reduces Stake in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

ShoreHaven Wealth Partners LLC cut its stake in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 1.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,827 shares of the company’s stock after selling 294 shares during the quarter. SPDR S&P 1500 Value Tilt ETF comprises approximately 2.4% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 12th biggest position. ShoreHaven Wealth Partners LLC owned about 1.40% of SPDR S&P 1500 Value Tilt ETF worth $5,121,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VLU. Compass Financial Services Inc acquired a new stake in SPDR S&P 1500 Value Tilt ETF during the fourth quarter worth about $10,317,000. Raymond James & Associates grew its stake in shares of SPDR S&P 1500 Value Tilt ETF by 314.9% in the 3rd 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 during the period. USAdvisors Wealth Management LLC acquired a new stake in shares of SPDR S&P 1500 Value Tilt ETF during the 4th quarter worth approximately $2,379,000. Janney Montgomery Scott LLC acquired a new stake in shares of SPDR S&P 1500 Value Tilt ETF during the 3rd quarter worth approximately $1,757,000. Finally, Private Advisor Group LLC purchased a new stake in shares of SPDR S&P 1500 Value Tilt ETF during the 3rd quarter valued at approximately $844,000.

SPDR S&P 1500 Value Tilt ETF Stock Performance

VLU opened at $193.19 on Friday. The stock has a market capitalization of $384.45 million, a PE ratio of 16.65 and a beta of 0.87. SPDR S&P 1500 Value Tilt ETF has a one year low of $162.85 and a one year high of $195.93. The business’s 50 day moving average price is $188.89 and its 200 day moving average price is $185.39.

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.