Saxon Interests Inc. Lowers Position in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

Saxon Interests Inc. cut its stake in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 3.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,084 shares of the company’s stock after selling 164 shares during the quarter. Saxon Interests Inc. owned 0.21% of SPDR S&P 1500 Value Tilt ETF worth $716,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Thoroughbred Financial Services LLC bought a new position in SPDR S&P 1500 Value Tilt ETF during the fourth quarter valued at $1,665,000. J.W. Cole Advisors Inc. grew its holdings in SPDR S&P 1500 Value Tilt ETF by 21.8% during the fourth quarter. J.W. Cole Advisors Inc. now owns 13,418 shares of the company’s stock valued at $2,151,000 after purchasing an additional 2,401 shares during the period. Dynamic Advisor Solutions LLC grew its holdings in SPDR S&P 1500 Value Tilt ETF by 4.7% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 2,030 shares of the company’s stock valued at $323,000 after purchasing an additional 91 shares during the period. Roger Wittlin Investment Advisory LLC grew its holdings in SPDR S&P 1500 Value Tilt ETF by 0.5% during the third quarter. Roger Wittlin Investment Advisory LLC now owns 33,591 shares of the company’s stock valued at $4,857,000 after purchasing an additional 182 shares during the period. Finally, ICA Group Wealth Management LLC bought a new position in SPDR S&P 1500 Value Tilt ETF during the fourth quarter valued at $11,574,000.

SPDR S&P 1500 Value Tilt ETF Stock Performance

NYSEARCA VLU traded up $0.72 on Tuesday, hitting $172.54. 8,656 shares of the stock traded hands, compared to its average volume of 6,580. The firm has a market capitalization of $343.35 million, a price-to-earnings ratio of 16.65 and a beta of 0.87. The business’s fifty day moving average is $171.53 and its two-hundred day moving average is $167.61. SPDR S&P 1500 Value Tilt ETF has a 12 month low of $137.59 and a 12 month high of $175.72.

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.