ShoreHaven Wealth Partners LLC Acquires 24,106 Shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

ShoreHaven Wealth Partners LLC boosted its holdings in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 373.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 30,567 shares of the company’s stock after acquiring an additional 24,106 shares during the period. SPDR S&P 1500 Value Tilt ETF accounts for about 3.0% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 10th largest position. ShoreHaven Wealth Partners LLC owned about 1.90% of SPDR S&P 1500 Value Tilt ETF worth $4,899,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VLU. Cambridge Investment Research Advisors Inc. lifted its holdings in SPDR S&P 1500 Value Tilt ETF by 18.4% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 39,629 shares of the company’s stock valued at $5,729,000 after purchasing an additional 6,172 shares in the last quarter. Roger Wittlin Investment Advisory LLC boosted its position in SPDR S&P 1500 Value Tilt ETF by 3.6% during the fourth quarter. Roger Wittlin Investment Advisory LLC now owns 34,791 shares of the company’s stock worth $5,577,000 after acquiring an additional 1,200 shares during the last quarter. Absolute Capital Management LLC acquired a new stake in SPDR S&P 1500 Value Tilt ETF during the fourth quarter worth approximately $3,141,000. J.W. Cole Advisors Inc. grew its stake in SPDR S&P 1500 Value Tilt ETF by 21.8% in the 4th quarter. J.W. Cole Advisors Inc. now owns 13,418 shares of the company’s stock worth $2,151,000 after acquiring an additional 2,401 shares during the period. Finally, Raymond James & Associates raised its holdings in SPDR S&P 1500 Value Tilt ETF by 18.1% in the 4th quarter. Raymond James & Associates now owns 13,349 shares of the company’s stock valued at $2,140,000 after acquiring an additional 2,042 shares during the last quarter.

SPDR S&P 1500 Value Tilt ETF Stock Up 0.0 %

Shares of VLU stock traded up $0.06 during mid-day trading on Wednesday, hitting $171.00. 11,830 shares of the company’s stock were exchanged, compared to its average volume of 6,760. The stock has a market cap of $340.29 million, a price-to-earnings ratio of 16.65 and a beta of 0.87. The stock has a 50-day simple moving average of $170.24 and a two-hundred day simple moving average of $160.92. SPDR S&P 1500 Value Tilt ETF has a fifty-two week low of $137.59 and a fifty-two week high of $175.72.

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.