Envestnet Asset Management Inc. Buys 14,271 Shares of SPDR S&P 1500 Value Tilt ETF $VLU

Envestnet Asset Management Inc. increased its stake in shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 10.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 147,653 shares of the company’s stock after purchasing an additional 14,271 shares during the quarter. Envestnet Asset Management Inc. owned about 5.57% of SPDR S&P 1500 Value Tilt ETF worth $30,139,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of VLU. Raymond James Financial Inc. grew its position 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 buying an additional 16,417 shares during the period. Bank of America Corp DE boosted its stake in SPDR S&P 1500 Value Tilt ETF by 9.7% in the second quarter. Bank of America Corp DE now owns 64,998 shares of the company’s stock valued at $12,489,000 after acquiring an additional 5,769 shares during the last quarter. Stratos Wealth Advisors LLC grew its holdings in SPDR S&P 1500 Value Tilt ETF by 3.8% during the 2nd quarter. Stratos Wealth Advisors LLC now owns 49,710 shares of the company’s stock worth $9,552,000 after acquiring an additional 1,813 shares during the period. Absolute Capital Management LLC raised its position in shares of SPDR S&P 1500 Value Tilt ETF by 14.8% during the 3rd quarter. Absolute Capital Management LLC now owns 40,400 shares of the company’s stock valued at $8,247,000 after acquiring an additional 5,200 shares during the last quarter. Finally, RFG Bristol Wealth Advisors LLC lifted its stake in shares of SPDR S&P 1500 Value Tilt ETF by 26.0% in the 3rd quarter. RFG Bristol Wealth Advisors LLC now owns 33,178 shares of the company’s stock valued at $6,772,000 after purchasing an additional 6,855 shares during the period.

SPDR S&P 1500 Value Tilt ETF Stock Down 1.4%

Shares of SPDR S&P 1500 Value Tilt ETF stock opened at $222.74 on Friday. SPDR S&P 1500 Value Tilt ETF has a 12 month low of $159.27 and a 12 month high of $227.38. The business has a fifty day simple moving average of $216.16 and a 200 day simple moving average of $207.19. The stock has a market cap of $599.17 million, a PE 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.