Money Concepts Capital Corp Reduces Position in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

Money Concepts Capital Corp reduced its stake in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 4.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,786 shares of the company’s stock after selling 411 shares during the quarter. Money Concepts Capital Corp’s holdings in SPDR S&P 1500 Value Tilt ETF were worth $1,801,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of VLU. NBC Securities Inc. purchased a new position in SPDR S&P 1500 Value Tilt ETF during the third quarter worth about $108,000. FMR LLC raised its position in shares of SPDR S&P 1500 Value Tilt ETF by 155.1% during the 3rd quarter. FMR LLC now owns 806 shares of the company’s stock valued at $149,000 after buying an additional 490 shares during the period. Wealthcare Advisory Partners LLC acquired a new position in SPDR S&P 1500 Value Tilt ETF in the fourth quarter valued at approximately $269,000. Hilltop Holdings Inc. acquired a new stake in SPDR S&P 1500 Value Tilt ETF during the third quarter worth $567,000. Finally, Private Advisor Group LLC purchased a new stake in SPDR S&P 1500 Value Tilt ETF in the third quarter valued at $844,000.

SPDR S&P 1500 Value Tilt ETF Stock Up 0.4 %

Shares of SPDR S&P 1500 Value Tilt ETF stock opened at $192.53 on Thursday. The business’s fifty day simple moving average is $189.25 and its 200-day simple moving average is $184.82. The firm has a market cap of $383.13 million, a PE ratio of 16.65 and a beta of 0.87. SPDR S&P 1500 Value Tilt ETF has a 52 week low of $161.32 and a 52 week high of $195.93.

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.