Thrivent Financial for Lutherans Makes New $3.07 Million Investment in SPDR S&P 1500 Value Tilt ETF $VLU

Thrivent Financial for Lutherans acquired a new stake in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 15,966 shares of the company’s stock, valued at approximately $3,068,000. Thrivent Financial for Lutherans owned about 0.61% of SPDR S&P 1500 Value Tilt ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in SPDR S&P 1500 Value Tilt ETF by 62.5% during the second quarter. Envestnet Asset Management Inc. now owns 133,382 shares of the company’s stock worth $25,629,000 after buying an additional 51,290 shares during the last quarter. RFG Bristol Wealth Advisors LLC grew its position in shares of SPDR S&P 1500 Value Tilt ETF by 2,093.6% in the 2nd quarter. RFG Bristol Wealth Advisors LLC now owns 26,323 shares of the company’s stock valued at $5,058,000 after acquiring an additional 25,123 shares during the period. Raymond James Financial Inc. increased its stake in shares of SPDR S&P 1500 Value Tilt ETF by 17.8% during the 2nd quarter. Raymond James Financial Inc. now owns 108,649 shares of the company’s stock worth $20,877,000 after purchasing an additional 16,417 shares during the last quarter. Stratos Wealth Partners LTD. bought a new stake in shares of SPDR S&P 1500 Value Tilt ETF in the 2nd quarter valued at about $2,682,000. Finally, NewEdge Advisors LLC raised its holdings in shares of SPDR S&P 1500 Value Tilt ETF by 389.4% in the 2nd quarter. NewEdge Advisors LLC now owns 12,696 shares of the company’s stock valued at $2,440,000 after purchasing an additional 10,102 shares during the period.

SPDR S&P 1500 Value Tilt ETF Stock Performance

Shares of NYSEARCA:VLU opened at $211.50 on Monday. SPDR S&P 1500 Value Tilt ETF has a 52-week low of $159.27 and a 52-week high of $214.48. The company has a market capitalization of $560.48 million, a P/E ratio of 17.09 and a beta of 0.95. The company has a 50-day simple moving average of $206.73 and a 200 day simple moving average of $200.41.

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.