MAI Capital Management Sells 262 Shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

MAI Capital Management lowered its holdings in shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 0.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,899 shares of the company’s stock after selling 262 shares during the quarter. MAI Capital Management owned about 3.21% of SPDR S&P 1500 Value Tilt ETF worth $11,784,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. LPL Financial LLC grew its holdings in SPDR S&P 1500 Value Tilt ETF by 18.5% during the second quarter. LPL Financial LLC now owns 432,678 shares of the company’s stock valued at $74,458,000 after purchasing an additional 67,580 shares during the last quarter. Raymond James & Associates lifted its position in SPDR S&P 1500 Value Tilt ETF by 314.9% during the 3rd quarter. Raymond James & Associates now owns 53,440 shares of the company’s stock worth $9,856,000 after acquiring an additional 40,559 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in SPDR S&P 1500 Value Tilt ETF by 3.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 47,073 shares of the company’s stock worth $8,101,000 after acquiring an additional 1,500 shares during the last quarter. ShoreHaven Wealth Partners LLC grew its position in shares of SPDR S&P 1500 Value Tilt ETF by 0.3% in the third quarter. ShoreHaven Wealth Partners LLC now owns 28,121 shares of the company’s stock valued at $5,186,000 after purchasing an additional 97 shares during the last quarter. Finally, Virtu Financial LLC increased its stake in shares of SPDR S&P 1500 Value Tilt ETF by 52.3% in the second quarter. Virtu Financial LLC now owns 26,353 shares of the company’s stock worth $4,535,000 after purchasing an additional 9,053 shares during the period.

SPDR S&P 1500 Value Tilt ETF Stock Up 0.4 %

VLU opened at $190.31 on Tuesday. The stock’s 50 day moving average price is $184.69 and its two-hundred day moving average price is $178.04. The firm has a market capitalization of $378.71 million, a P/E ratio of 16.65 and a beta of 0.87. SPDR S&P 1500 Value Tilt ETF has a 12-month low of $149.69 and a 12-month high of $193.30.

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.