World Investment Advisors Increases Stock Position in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

World Investment Advisors grew its holdings in shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 9.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,703 shares of the company’s stock after buying an additional 1,031 shares during the period. World Investment Advisors owned 0.59% of SPDR S&P 1500 Value Tilt ETF worth $2,154,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VLU. Raymond James Financial Inc. bought a new stake in SPDR S&P 1500 Value Tilt ETF during the fourth quarter worth about $14,370,000. Compass Financial Services Inc purchased a new position in shares of SPDR S&P 1500 Value Tilt ETF during the fourth quarter valued at approximately $10,317,000. Graney & King LLC bought a new stake in shares of SPDR S&P 1500 Value Tilt ETF in the 4th quarter worth approximately $5,357,000. USAdvisors Wealth Management LLC purchased a new stake in shares of SPDR S&P 1500 Value Tilt ETF in the 4th quarter worth approximately $2,379,000. Finally, Independent Advisor Alliance bought a new position in SPDR S&P 1500 Value Tilt ETF during the 4th quarter valued at approximately $1,194,000.

SPDR S&P 1500 Value Tilt ETF Trading Down 5.9 %

SPDR S&P 1500 Value Tilt ETF stock opened at $166.00 on Friday. SPDR S&P 1500 Value Tilt ETF has a 12 month low of $165.70 and a 12 month high of $195.93. The company has a market capitalization of $381.80 million, a price-to-earnings ratio of 17.94 and a beta of 1.02. The business’s fifty day simple moving average is $187.61 and its two-hundred day simple moving average is $187.55.

SPDR S&P 1500 Value Tilt ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a dividend of $0.9117 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.