SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) Sees Large Decrease in Short Interest

SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 14,872 shares, a decrease of 38.3% from the August 15th total of 24,122 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 12,277 shares, the days-to-cover ratio is currently 1.2 days.

Hedge Funds Weigh In On SPDR S&P 1500 Value Tilt ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Nadler Financial Group Inc. acquired a new position in shares of SPDR S&P 1500 Value Tilt ETF during the 1st quarter valued at $26,285,000. Systelligence LLC bought a new position in SPDR S&P 1500 Value Tilt ETF during the first quarter valued at about $12,618,000. Thrivent Financial for Lutherans bought a new position in SPDR S&P 1500 Value Tilt ETF during the fourth quarter valued at about $6,506,000. Cetera Investment Advisers grew its holdings in SPDR S&P 1500 Value Tilt ETF by 73.0% during the first quarter. Cetera Investment Advisers now owns 27,283 shares of the company’s stock worth $5,865,000 after acquiring an additional 11,517 shares during the period. Finally, RFG Bristol Wealth Advisors LLC grew its holdings in SPDR S&P 1500 Value Tilt ETF by 24.9% during the first quarter. RFG Bristol Wealth Advisors LLC now owns 53,575 shares of the company’s stock worth $11,517,000 after acquiring an additional 10,695 shares during the period.

SPDR S&P 1500 Value Tilt ETF Price Performance

NYSEARCA:VLU traded up $1.56 during midday trading on Thursday, reaching $245.45. 6,097 shares of the company traded hands, compared to its average volume of 10,428. SPDR S&P 1500 Value Tilt ETF has a twelve month low of $198.65 and a twelve month high of $250.97. The firm has a market capitalization of $738.80 million, a price-to-earnings ratio of 17.09 and a beta of 0.87. The company has a fifty day moving average price of $245.66 and a 200 day moving average price of $234.75.

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.