SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) Short Interest Up 81.2% in August
by Amy Steele · The Cerbat GemSPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 24,122 shares, a growth of 81.2% from the July 30th total of 13,311 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,432 shares, the short-interest ratio is currently 4.4 days.
SPDR S&P 1500 Value Tilt ETF Price Performance
VLU stock opened at $247.33 on Tuesday. SPDR S&P 1500 Value Tilt ETF has a 12 month low of $198.65 and a 12 month high of $250.97. The firm has a market cap of $769.20 million, a P/E ratio of 17.09 and a beta of 0.87. The company’s 50-day moving average price is $243.58 and its two-hundred day moving average price is $232.80.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in SPDR S&P 1500 Value Tilt ETF by 8.4% during the fourth quarter. LPL Financial LLC now owns 406,592 shares of the company’s stock valued at $85,644,000 after purchasing an additional 31,663 shares in the last quarter. Raymond James Financial Inc. raised its holdings in SPDR S&P 1500 Value Tilt ETF by 62.5% in the 3rd quarter. Raymond James Financial Inc. now owns 176,603 shares of the company’s stock valued at $36,048,000 after buying an additional 67,954 shares during the last quarter. Nadler Financial Group Inc. acquired a new stake in SPDR S&P 1500 Value Tilt ETF during the 1st quarter worth approximately $26,285,000. Osaic Holdings Inc. grew its holdings in SPDR S&P 1500 Value Tilt ETF by 20.4% during the 4th quarter. Osaic Holdings Inc. now owns 91,541 shares of the company’s stock worth $19,283,000 after acquiring an additional 15,499 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in SPDR S&P 1500 Value Tilt ETF by 18.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 91,226 shares of the company’s stock worth $18,614,000 after acquiring an additional 13,958 shares during the last quarter.
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.