Comerica Bank Purchases Shares of 158 SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

Comerica Bank purchased a new stake in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 158 shares of the company’s stock, valued at approximately $29,000.

Several other institutional investors and hedge funds also recently made changes to their positions in VLU. Wealthcare Advisory Partners LLC bought a new stake in shares of SPDR S&P 1500 Value Tilt ETF during the 4th quarter valued at about $269,000. Merit Financial Group LLC boosted its holdings in SPDR S&P 1500 Value Tilt ETF by 7.5% in the fourth quarter. Merit Financial Group LLC now owns 8,701 shares of the company’s stock worth $1,601,000 after acquiring an additional 607 shares in the last quarter. Ameritas Advisory Services LLC boosted its holdings in SPDR S&P 1500 Value Tilt ETF by 6.9% in the fourth quarter. Ameritas Advisory Services LLC now owns 6,324 shares of the company’s stock worth $1,164,000 after acquiring an additional 410 shares in the last quarter. USAdvisors Wealth Management LLC bought a new position in SPDR S&P 1500 Value Tilt ETF in the fourth quarter worth approximately $2,379,000. Finally, Compass Financial Services Inc bought a new position in SPDR S&P 1500 Value Tilt ETF in the fourth quarter worth approximately $10,317,000.

SPDR S&P 1500 Value Tilt ETF Stock Performance

Shares of NYSEARCA:VLU opened at $188.27 on Tuesday. The business’s 50 day simple moving average is $178.52 and its two-hundred day simple moving average is $185.78. The firm has a market cap of $448.08 million, a P/E ratio of 17.84 and a beta of 0.96. SPDR S&P 1500 Value Tilt ETF has a 52-week low of $159.27 and a 52-week high of $195.93.

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.