SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) Short Interest Update

SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 13,434 shares, an increase of 157.2% from the May 14th total of 5,224 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 5,975 shares, the days-to-cover ratio is presently 2.2 days.

Hedge Funds Weigh In On SPDR S&P 1500 Value Tilt ETF

Several hedge funds and other institutional investors have recently made changes to their positions in VLU. Royal Bank of Canada lifted its position in shares of SPDR S&P 1500 Value Tilt ETF by 33.0% in the first quarter. Royal Bank of Canada now owns 15,994 shares of the company’s stock valued at $2,940,000 after acquiring an additional 3,964 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of SPDR S&P 1500 Value Tilt ETF by 389.4% in the second quarter. NewEdge Advisors LLC now owns 12,696 shares of the company’s stock valued at $2,440,000 after acquiring an additional 10,102 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of SPDR S&P 1500 Value Tilt ETF by 17.8% in the second quarter. Raymond James Financial Inc. now owns 108,649 shares of the company’s stock valued at $20,877,000 after acquiring an additional 16,417 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of SPDR S&P 1500 Value Tilt ETF in the second quarter valued at approximately $1,389,000. Finally, Graney & King LLC lifted its position in shares of SPDR S&P 1500 Value Tilt ETF by 2.6% in the second quarter. Graney & King LLC now owns 30,785 shares of the company’s stock valued at $5,915,000 after acquiring an additional 784 shares in the last quarter.

SPDR S&P 1500 Value Tilt ETF Stock Up 0.8%

Shares of NYSEARCA VLU traded up $1.82 during midday trading on Friday, hitting $239.56. The stock had a trading volume of 5,793 shares, compared to its average volume of 12,163. The company has a market capitalization of $716.28 million, a PE ratio of 17.09 and a beta of 0.87. The stock has a 50 day simple moving average of $231.05 and a 200-day simple moving average of $221.60. SPDR S&P 1500 Value Tilt ETF has a 1 year low of $187.17 and a 1 year high of $240.05.

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.