Saxon Interests Inc. Trims Stake in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

Saxon Interests Inc. reduced its position in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 3.9% during the first quarter, HoldingsChannel.com reports. The firm owned 4,084 shares of the company’s stock after selling 164 shares during the period. Saxon Interests Inc.’s holdings in SPDR S&P 1500 Value Tilt ETF were worth $716,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Professional Financial Advisors LLC bought a new position in SPDR S&P 1500 Value Tilt ETF in the 4th quarter worth about $210,000. Capital Market Strategies LLC bought a new position in SPDR S&P 1500 Value Tilt ETF in the 1st quarter worth about $213,000. Dynamic Advisor Solutions LLC grew its stake in SPDR S&P 1500 Value Tilt ETF by 4.7% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 2,030 shares of the company’s stock worth $323,000 after acquiring an additional 91 shares in the last quarter. Tower Research Capital LLC TRC bought a new position in SPDR S&P 1500 Value Tilt ETF in the 3rd quarter worth about $746,000. Finally, Keystone Wealth Services LLC grew its stake in SPDR S&P 1500 Value Tilt ETF by 1.5% in the 4th quarter. Keystone Wealth Services LLC now owns 6,239 shares of the company’s stock worth $1,000,000 after acquiring an additional 90 shares in the last quarter.

SPDR S&P 1500 Value Tilt ETF Price Performance

VLU stock traded up $0.72 during mid-day trading on Tuesday, reaching $172.54. The company had a trading volume of 8,656 shares, compared to its average volume of 6,580. The company has a market capitalization of $343.35 million, a PE ratio of 16.65 and a beta of 0.87. The firm has a 50 day moving average of $171.53 and a 200 day moving average of $167.61. SPDR S&P 1500 Value Tilt ETF has a 12 month low of $137.59 and a 12 month high of $175.72.

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.