Avantax Advisory Services Inc. Purchases 8,425 Shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

Avantax Advisory Services Inc. grew its position in shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 207.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,490 shares of the company’s stock after buying an additional 8,425 shares during the quarter. Avantax Advisory Services Inc. owned 0.52% of SPDR S&P 1500 Value Tilt ETF worth $2,296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Comerica Bank bought a new position in SPDR S&P 1500 Value Tilt ETF in the 4th quarter worth $29,000. Tower Research Capital LLC TRC bought a new position in SPDR S&P 1500 Value Tilt ETF in the 4th quarter worth $98,000. NBC Securities Inc. bought a new position in SPDR S&P 1500 Value Tilt ETF in the 1st quarter worth $157,000. Envestnet Portfolio Solutions Inc. bought a new position in SPDR S&P 1500 Value Tilt ETF in the 1st quarter worth $202,000. Finally, Wealthcare Advisory Partners LLC raised its holdings in SPDR S&P 1500 Value Tilt ETF by 7.5% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 1,570 shares of the company’s stock worth $289,000 after purchasing an additional 110 shares during the period.

SPDR S&P 1500 Value Tilt ETF Stock Performance

Shares of SPDR S&P 1500 Value Tilt ETF stock opened at $196.16 on Wednesday. SPDR S&P 1500 Value Tilt ETF has a one year low of $159.27 and a one year high of $197.96. The stock’s fifty day moving average is $190.63 and its 200 day moving average is $186.22. The stock has a market cap of $504.13 million, a P/E ratio of 17.09 and a beta of 1.02.

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.