SPDR S&P 1500 Value Tilt ETF $VLU Stake Lifted by Graney & King LLC

Graney & King LLC increased its position in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 12.5% in the third quarter, HoldingsChannel reports. The firm owned 34,647 shares of the company’s stock after purchasing an additional 3,862 shares during the quarter. SPDR S&P 1500 Value Tilt ETF accounts for approximately 4.9% of Graney & King LLC’s holdings, making the stock its 5th biggest holding. Graney & King LLC’s holdings in SPDR S&P 1500 Value Tilt ETF were worth $7,072,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Royal Bank of Canada grew its stake in SPDR S&P 1500 Value Tilt ETF by 33.0% in the first quarter. Royal Bank of Canada now owns 15,994 shares of the company’s stock worth $2,940,000 after purchasing an additional 3,964 shares during the period. Waterloo Capital L.P. raised its holdings in SPDR S&P 1500 Value Tilt ETF by 44.1% in the second quarter. Waterloo Capital L.P. now owns 4,681 shares of the company’s stock worth $899,000 after purchasing an additional 1,433 shares in the last quarter. Global Retirement Partners LLC purchased a new position in SPDR S&P 1500 Value Tilt ETF during the second quarter valued at $566,000. NewEdge Advisors LLC lifted its position in SPDR S&P 1500 Value Tilt ETF by 389.4% during the second quarter. NewEdge Advisors LLC now owns 12,696 shares of the company’s stock valued at $2,440,000 after buying an additional 10,102 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in shares of SPDR S&P 1500 Value Tilt ETF by 17.8% during the 2nd quarter. Raymond James Financial Inc. now owns 108,649 shares of the company’s stock valued at $20,877,000 after buying an additional 16,417 shares in the last quarter.

SPDR S&P 1500 Value Tilt ETF Price Performance

NYSEARCA:VLU opened at $217.84 on Friday. The firm’s 50-day moving average price is $219.90 and its 200-day moving average price is $210.42. The company has a market capitalization of $585.99 million, a PE ratio of 17.09 and a beta of 0.95. SPDR S&P 1500 Value Tilt ETF has a 1-year low of $159.27 and a 1-year high of $227.38.

SPDR S&P 1500 Value Tilt ETF Company 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.