USAdvisors Wealth Management LLC Acquires New Stake in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

USAdvisors Wealth Management LLC bought a new position in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 12,925 shares of the company’s stock, valued at approximately $2,379,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Raymond James & Associates lifted its position in shares of SPDR S&P 1500 Value Tilt ETF by 314.9% during the third quarter. Raymond James & Associates now owns 53,440 shares of the company’s stock worth $9,856,000 after purchasing an additional 40,559 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of SPDR S&P 1500 Value Tilt ETF during the third quarter worth about $1,757,000. Northwestern Mutual Wealth Management Co. increased its position in SPDR S&P 1500 Value Tilt ETF by 27.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 21,442 shares of the company’s stock worth $3,690,000 after buying an additional 4,595 shares during the period. Private Advisor Group LLC purchased a new stake in SPDR S&P 1500 Value Tilt ETF in the 3rd quarter valued at $844,000. Finally, Hilltop Holdings Inc. purchased a new stake in shares of SPDR S&P 1500 Value Tilt ETF in the third quarter valued at about $567,000.

SPDR S&P 1500 Value Tilt ETF Price Performance

NYSEARCA:VLU opened at $192.20 on Thursday. SPDR S&P 1500 Value Tilt ETF has a 1-year low of $161.25 and a 1-year high of $195.93. The firm’s fifty day moving average price is $189.40 and its 200 day moving average price is $184.34. The firm has a market cap of $382.48 million, a price-to-earnings ratio of 16.65 and a beta of 0.87.

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.