Cetera Investment Advisers Sells 140 Shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

Cetera Investment Advisers lessened its holdings in shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 2.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,465 shares of the company’s stock after selling 140 shares during the quarter. Cetera Investment Advisers owned approximately 0.32% of SPDR S&P 1500 Value Tilt ETF worth $1,113,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VLU. CWM LLC bought a new position in shares of SPDR S&P 1500 Value Tilt ETF in the second quarter valued at approximately $88,000. Wealth Enhancement Advisory Services LLC acquired a new stake in SPDR S&P 1500 Value Tilt ETF during the second quarter worth $328,000. CoreCap Advisors LLC acquired a new stake in SPDR S&P 1500 Value Tilt ETF during the second quarter worth $477,000. Western Wealth Management LLC boosted its stake in SPDR S&P 1500 Value Tilt ETF by 4.7% during the second quarter. Western Wealth Management LLC now owns 3,158 shares of the company’s stock worth $544,000 after buying an additional 141 shares in the last quarter. Finally, Cetera Advisors LLC boosted its stake in shares of SPDR S&P 1500 Value Tilt ETF by 38.1% in the 1st quarter. Cetera Advisors LLC now owns 3,355 shares of the company’s stock valued at $588,000 after purchasing an additional 926 shares in the last quarter.

SPDR S&P 1500 Value Tilt ETF Stock Up 0.8 %

Shares of NYSEARCA VLU opened at $187.47 on Thursday. The firm’s 50-day simple moving average is $180.67 and its 200 day simple moving average is $175.32. The company has a market cap of $373.07 million, a price-to-earnings ratio of 16.65 and a beta of 0.87. SPDR S&P 1500 Value Tilt ETF has a 12-month low of $137.59 and a 12-month high of $187.50.

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.