Independent Advisor Alliance Makes New Investment in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

Independent Advisor Alliance acquired a new position in shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,486 shares of the company’s stock, valued at approximately $1,194,000.

A number of other large investors also recently made changes to their positions in the company. Opulen Financial Group LLC bought a new stake in SPDR S&P 1500 Value Tilt ETF in the 4th quarter valued at $537,000. Raymond James Financial Inc. bought a new position in SPDR S&P 1500 Value Tilt ETF during the 4th quarter worth $14,370,000. Smartleaf Asset Management LLC raised its holdings in SPDR S&P 1500 Value Tilt ETF by 4.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,855 shares of the company’s stock valued at $894,000 after acquiring an additional 205 shares in the last quarter. Compass Planning Associates Inc bought a new stake in shares of SPDR S&P 1500 Value Tilt ETF during the 4th quarter valued at $525,000. Finally, Private Advisor Group LLC lifted its position in shares of SPDR S&P 1500 Value Tilt ETF by 4.2% during the 4th quarter. Private Advisor Group LLC now owns 4,771 shares of the company’s stock valued at $878,000 after acquiring an additional 192 shares during the period.

SPDR S&P 1500 Value Tilt ETF Stock Performance

Shares of NYSEARCA VLU opened at $182.22 on Friday. The stock has a market capitalization of $415.46 million, a P/E ratio of 17.77 and a beta of 1.02. The stock’s fifty day moving average is $189.10 and its 200 day moving average is $187.23. SPDR S&P 1500 Value Tilt ETF has a 52 week low of $165.96 and a 52 week high of $195.93.

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.