Absolute Capital Management LLC Raises Holdings in SPDR S&P 1500 Value Tilt ETF $VLU

Absolute Capital Management LLC grew its holdings in shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 14.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 40,400 shares of the company’s stock after buying an additional 5,200 shares during the period. SPDR S&P 1500 Value Tilt ETF accounts for 3.5% of Absolute Capital Management LLC’s portfolio, making the stock its 5th biggest position. Absolute Capital Management LLC owned approximately 1.52% of SPDR S&P 1500 Value Tilt ETF worth $8,247,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Professional Financial Advisors LLC bought a new stake in SPDR S&P 1500 Value Tilt ETF in the third quarter valued at $206,000. Wealthcare Advisory Partners LLC lifted its position in shares of SPDR S&P 1500 Value Tilt ETF by 14.9% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,804 shares of the company’s stock worth $347,000 after purchasing an additional 234 shares during the period. Global Retirement Partners LLC bought a new stake in shares of SPDR S&P 1500 Value Tilt ETF during the 2nd quarter valued at about $566,000. Tower Research Capital LLC TRC bought a new stake in shares of SPDR S&P 1500 Value Tilt ETF during the 2nd quarter valued at about $737,000. Finally, Atria Wealth Solutions Inc. increased its position in shares of SPDR S&P 1500 Value Tilt ETF by 11.9% during the second quarter. Atria Wealth Solutions Inc. now owns 4,540 shares of the company’s stock valued at $872,000 after buying an additional 482 shares during the period.

SPDR S&P 1500 Value Tilt ETF Price Performance

VLU stock opened at $218.65 on Thursday. SPDR S&P 1500 Value Tilt ETF has a 1 year low of $159.27 and a 1 year high of $220.06. The firm has a 50-day moving average of $212.74 and a 200 day moving average of $205.15. The company has a market cap of $594.73 million, a P/E ratio of 17.09 and a beta of 0.95.

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.