Thrivent Financial for Lutherans Invests $6.51 Million in SPDR S&P 1500 Value Tilt ETF $VLU

Thrivent Financial for Lutherans acquired a new position in shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 30,885 shares of the company’s stock, valued at approximately $6,506,000.

A number of other large investors have also recently made changes to their positions in VLU. Raymond James Financial Inc. boosted its position 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 valued at $36,048,000 after purchasing an additional 67,954 shares during the period. Envestnet Asset Management Inc. boosted its position 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 valued at $30,139,000 after purchasing an additional 14,271 shares during the period. Ameriprise Financial Inc. boosted its position 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 valued at $18,614,000 after purchasing an additional 13,958 shares during the period. Creative Planning acquired a new stake in shares of SPDR S&P 1500 Value Tilt ETF in the 3rd quarter valued at about $2,257,000. Finally, NewEdge Advisors LLC boosted its position in shares of SPDR S&P 1500 Value Tilt ETF by 389.4% in the 2nd quarter. NewEdge Advisors LLC now owns 12,696 shares of the company’s stock valued at $2,440,000 after purchasing an additional 10,102 shares during the period.

SPDR S&P 1500 Value Tilt ETF Stock Up 0.9%

Shares of NYSEARCA VLU opened at $233.46 on Thursday. The stock has a market cap of $698.05 million, a PE ratio of 17.09 and a beta of 0.87. SPDR S&P 1500 Value Tilt ETF has a 52-week low of $182.01 and a 52-week high of $233.74. The business has a 50-day moving average price of $223.70 and a 200 day moving average price of $217.84.

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.