Absolute Capital Management LLC Raises Holdings in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

Absolute Capital Management LLC lifted its stake in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 8.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 34,200 shares of the company’s stock after acquiring an additional 2,700 shares during the period. SPDR S&P 1500 Value Tilt ETF accounts for about 3.5% of Absolute Capital Management LLC’s investment portfolio, making the stock its 3rd largest position. Absolute Capital Management LLC owned approximately 1.72% of SPDR S&P 1500 Value Tilt ETF worth $6,294,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. FMR LLC grew its holdings in SPDR S&P 1500 Value Tilt ETF by 155.1% in the 3rd quarter. FMR LLC now owns 806 shares of the company’s stock valued at $149,000 after buying an additional 490 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in SPDR S&P 1500 Value Tilt ETF by 5.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 28,541 shares of the company’s stock valued at $5,264,000 after buying an additional 1,402 shares during the last quarter. Truist Financial Corp grew its holdings in SPDR S&P 1500 Value Tilt ETF by 1.5% in the 4th quarter. Truist Financial Corp now owns 6,601 shares of the company’s stock valued at $1,215,000 after buying an additional 97 shares during the last quarter. Ameritas Advisory Services LLC grew its holdings in SPDR S&P 1500 Value Tilt ETF by 6.9% in the 4th quarter. Ameritas Advisory Services LLC now owns 6,324 shares of the company’s stock valued at $1,164,000 after buying an additional 410 shares during the last quarter. Finally, Merit Financial Group LLC grew its holdings in SPDR S&P 1500 Value Tilt ETF by 7.5% in the 4th quarter. Merit Financial Group LLC now owns 8,701 shares of the company’s stock valued at $1,601,000 after buying an additional 607 shares during the last quarter.

SPDR S&P 1500 Value Tilt ETF Trading Down 0.1 %

Shares of NYSEARCA:VLU opened at $184.57 on Friday. SPDR S&P 1500 Value Tilt ETF has a 1-year low of $165.96 and a 1-year high of $195.93. The firm has a market capitalization of $420.82 million, a PE ratio of 17.77 and a beta of 1.02. The business’s 50 day moving average is $189.02 and its 200-day moving average is $187.32.

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.