Short Interest in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) Decreases By 67.8%

SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) was the recipient of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 3,798 shares, a drop of 67.8% from the April 15th total of 11,803 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 14,074 shares, the short-interest ratio is currently 0.3 days.

SPDR S&P 1500 Value Tilt ETF Trading Down 0.9%

Shares of SPDR S&P 1500 Value Tilt ETF stock traded down $2.00 during trading on Friday, hitting $231.29. 2,276 shares of the stock traded hands, compared to its average volume of 13,454. The firm has a market cap of $691.56 million, a P/E ratio of 17.09 and a beta of 0.87. SPDR S&P 1500 Value Tilt ETF has a 52-week low of $182.01 and a 52-week high of $233.74. The stock’s fifty day simple moving average is $222.89 and its 200 day simple moving average is $217.21.

Institutional Investors Weigh In On SPDR S&P 1500 Value Tilt ETF

Several large investors have recently modified their holdings of the business. Cetera Investment Advisers raised its holdings in shares of SPDR S&P 1500 Value Tilt ETF by 73.0% in the 1st quarter. Cetera Investment Advisers now owns 27,283 shares of the company’s stock valued at $5,865,000 after purchasing an additional 11,517 shares in the last quarter. RFG Bristol Wealth Advisors LLC lifted 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 buying an additional 10,695 shares during the period. Nadler Financial Group Inc. purchased a new stake in SPDR S&P 1500 Value Tilt ETF during the first quarter worth $26,285,000. Fifth Third Bancorp purchased a new stake in SPDR S&P 1500 Value Tilt ETF during the first quarter worth $34,000. Finally, Kestra Advisory Services LLC lifted its holdings in SPDR S&P 1500 Value Tilt ETF by 96.9% during the first quarter. Kestra Advisory Services LLC now owns 5,404 shares of the company’s stock worth $1,162,000 after buying an additional 2,660 shares during the period.

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.