Royal Bank of Canada Reduces Stake in SPDR S&P 1500 Value Tilt ETF $VLU

Royal Bank of Canada reduced its position in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 27.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,640 shares of the company’s stock after selling 6,064 shares during the period. Royal Bank of Canada owned about 0.52% of SPDR S&P 1500 Value Tilt ETF worth $3,362,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fifth Third Bancorp purchased a new stake in SPDR S&P 1500 Value Tilt ETF during the first quarter worth $34,000. Wells Fargo & Company MN increased its position in shares of SPDR S&P 1500 Value Tilt ETF by 660.8% in the fourth quarter. Wells Fargo & Company MN now owns 776 shares of the company’s stock valued at $163,000 after buying an additional 674 shares in the last quarter. Allworth Financial LP increased its position in shares of SPDR S&P 1500 Value Tilt ETF by 1,297.1% in the fourth quarter. Allworth Financial LP now owns 950 shares of the company’s stock valued at $200,000 after buying an additional 882 shares in the last quarter. Pacific Sun Financial Corp acquired a new position in shares of SPDR S&P 1500 Value Tilt ETF during the 3rd quarter worth $202,000. Finally, Csenge Advisory Group acquired a new position in shares of SPDR S&P 1500 Value Tilt ETF during the 4th quarter worth $204,000.

SPDR S&P 1500 Value Tilt ETF Stock Up 0.1%

SPDR S&P 1500 Value Tilt ETF stock opened at $250.62 on Friday. SPDR S&P 1500 Value Tilt ETF has a 52 week low of $197.09 and a 52 week high of $250.97. The firm’s 50-day simple moving average is $241.23 and its 200 day simple moving average is $230.68. The firm has a market capitalization of $779.43 million, a PE ratio of 17.09 and a beta of 0.87.

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.