Envestnet Asset Management Inc. Has $25.63 Million Stake in SPDR S&P 1500 Value Tilt ETF $VLU

Envestnet Asset Management Inc. raised its stake in shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 62.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 133,382 shares of the company’s stock after purchasing an additional 51,290 shares during the period. Envestnet Asset Management Inc. owned 5.19% of SPDR S&P 1500 Value Tilt ETF worth $25,629,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Janney Montgomery Scott LLC raised its position in SPDR S&P 1500 Value Tilt ETF by 42.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 15,316 shares of the company’s stock worth $2,943,000 after purchasing an additional 4,582 shares during the last quarter. USAdvisors Wealth Management LLC raised its position in SPDR S&P 1500 Value Tilt ETF by 6.0% during the 2nd quarter. USAdvisors Wealth Management LLC now owns 18,307 shares of the company’s stock worth $3,517,000 after purchasing an additional 1,032 shares during the last quarter. ShoreHaven Wealth Partners LLC raised its position in SPDR S&P 1500 Value Tilt ETF by 9.9% during the 1st quarter. ShoreHaven Wealth Partners LLC now owns 30,595 shares of the company’s stock worth $5,624,000 after purchasing an additional 2,768 shares during the last quarter. Graney & King LLC raised its position in SPDR S&P 1500 Value Tilt ETF by 3.1% during the 1st quarter. Graney & King LLC now owns 30,001 shares of the company’s stock worth $5,515,000 after purchasing an additional 895 shares during the last quarter. Finally, J.W. Cole Advisors Inc. raised its position in SPDR S&P 1500 Value Tilt ETF by 20.7% during the 1st quarter. J.W. Cole Advisors Inc. now owns 21,340 shares of the company’s stock worth $3,923,000 after purchasing an additional 3,656 shares during the last quarter.

SPDR S&P 1500 Value Tilt ETF Stock Down 0.2%

Shares of NYSEARCA:VLU opened at $205.23 on Tuesday. The firm has a market cap of $543.86 million, a P/E ratio of 17.09 and a beta of 0.95. SPDR S&P 1500 Value Tilt ETF has a 12-month low of $159.27 and a 12-month high of $208.01. The business has a fifty day simple moving average of $203.50 and a 200 day simple moving average of $194.17.

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.