Saxon Interests Inc. Decreases Stock Holdings in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

Saxon Interests Inc. cut its stake in shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 3.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,930 shares of the company’s stock after selling 120 shares during the period. Saxon Interests Inc. owned about 0.20% of SPDR S&P 1500 Value Tilt ETF worth $725,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC purchased a new stake in SPDR S&P 1500 Value Tilt ETF during the second quarter valued at $88,000. Capital Market Strategies LLC purchased a new position in shares of SPDR S&P 1500 Value Tilt ETF in the first quarter worth approximately $213,000. Wealth Enhancement Advisory Services LLC bought a new stake in SPDR S&P 1500 Value Tilt ETF during the second quarter valued at approximately $328,000. CoreCap Advisors LLC purchased a new stake in SPDR S&P 1500 Value Tilt ETF during the second quarter valued at approximately $477,000. Finally, Western Wealth Management LLC raised its position in SPDR S&P 1500 Value Tilt ETF by 4.7% in the second quarter. Western Wealth Management LLC now owns 3,158 shares of the company’s stock worth $544,000 after acquiring an additional 141 shares during the period.

SPDR S&P 1500 Value Tilt ETF Stock Performance

Shares of SPDR S&P 1500 Value Tilt ETF stock traded up $0.07 on Wednesday, hitting $182.93. 383 shares of the company’s stock were exchanged, compared to its average volume of 8,029. SPDR S&P 1500 Value Tilt ETF has a 1 year low of $137.59 and a 1 year high of $184.57. The company has a 50-day simple moving average of $179.19 and a 200-day simple moving average of $174.83. The stock has a market capitalization of $364.03 million, a PE ratio of 16.65 and a beta of 0.87.

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.