Short Interest in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) Grows By 157.2%

SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 13,434 shares, an increase of 157.2% from the May 14th total of 5,224 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 5,975 shares, the short-interest ratio is currently 2.2 days.

SPDR S&P 1500 Value Tilt ETF Stock Performance

Shares of VLU stock traded up $1.82 on Friday, hitting $239.56. The company had a trading volume of 5,793 shares, compared to its average volume of 12,163. The firm has a market cap of $716.28 million, a P/E ratio of 17.09 and a beta of 0.87. The stock’s 50-day moving average is $231.05 and its two-hundred day moving average is $221.60. SPDR S&P 1500 Value Tilt ETF has a twelve month low of $187.17 and a twelve month high of $240.05.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. RFG Bristol Wealth Advisors LLC boosted its position in shares of SPDR S&P 1500 Value Tilt ETF by 29.2% during the 4th quarter. RFG Bristol Wealth Advisors LLC now owns 42,880 shares of the company’s stock valued at $9,032,000 after purchasing an additional 9,702 shares in the last quarter. Concurrent Investment Advisors LLC bought a new stake in shares of SPDR S&P 1500 Value Tilt ETF during the 4th quarter valued at about $549,000. MOR Wealth Management LLC bought a new stake in shares of SPDR S&P 1500 Value Tilt ETF during the 4th quarter valued at about $760,000. Graney & King LLC boosted its position in shares of SPDR S&P 1500 Value Tilt ETF by 12.5% during the 3rd quarter. Graney & King LLC now owns 34,647 shares of the company’s stock valued at $7,072,000 after purchasing an additional 3,862 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of SPDR S&P 1500 Value Tilt ETF by 10.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 147,653 shares of the company’s stock valued at $30,139,000 after purchasing an additional 14,271 shares in the last quarter.

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.