Northwestern Mutual Wealth Management Co. Cuts Position in SPDR S&P 1500 Value Tilt ETF $VLU

Northwestern Mutual Wealth Management Co. lessened its holdings in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 15.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,526 shares of the company’s stock after selling 3,611 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.76% of SPDR S&P 1500 Value Tilt ETF worth $4,324,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Raymond James Financial Inc. boosted its stake in shares of SPDR S&P 1500 Value Tilt ETF by 62.5% in the 3rd quarter. Raymond James Financial Inc. now owns 176,603 shares of the company’s stock worth $36,048,000 after buying an additional 67,954 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of SPDR S&P 1500 Value Tilt ETF by 10.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 147,653 shares of the company’s stock worth $30,139,000 after buying an additional 14,271 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of SPDR S&P 1500 Value Tilt ETF by 18.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 91,226 shares of the company’s stock worth $18,614,000 after buying an additional 13,958 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of SPDR S&P 1500 Value Tilt ETF by 2.2% in the 3rd quarter. Bank of America Corp DE now owns 66,435 shares of the company’s stock worth $13,561,000 after buying an additional 1,437 shares during the last quarter. Finally, MAI Capital Management boosted its stake in shares of SPDR S&P 1500 Value Tilt ETF by 0.9% in the 3rd quarter. MAI Capital Management now owns 58,972 shares of the company’s stock worth $12,037,000 after buying an additional 538 shares during the last quarter.

SPDR S&P 1500 Value Tilt ETF Stock Down 0.5%

Shares of NYSEARCA VLU opened at $236.96 on Thursday. SPDR S&P 1500 Value Tilt ETF has a twelve month low of $184.92 and a twelve month high of $238.37. The stock’s 50 day moving average price is $227.83 and its 200-day moving average price is $220.03. The company has a market capitalization of $708.51 million, a PE ratio of 17.09 and a beta of 0.87.

About SPDR S&P 1500 Value Tilt ETF

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.