Short Interest in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) Drops By 38.3%

SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 14,872 shares, a decline of 38.3% from the August 15th total of 24,122 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 12,277 shares, the days-to-cover ratio is currently 1.2 days.

SPDR S&P 1500 Value Tilt ETF Stock Up 0.0%

SPDR S&P 1500 Value Tilt ETF stock traded up $0.07 during mid-day trading on Wednesday, hitting $246.04. 1,948 shares of the stock were exchanged, compared to its average volume of 10,447. SPDR S&P 1500 Value Tilt ETF has a 12 month low of $198.65 and a 12 month high of $250.97. The firm’s fifty day simple moving average is $245.56 and its two-hundred day simple moving average is $234.61. The stock has a market capitalization of $740.60 million, a price-to-earnings ratio of 17.09 and a beta of 0.87.

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

Hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC lifted its holdings in SPDR S&P 1500 Value Tilt ETF by 17.5% in the second quarter. Integrated Wealth Concepts LLC now owns 1,631 shares of the company’s stock valued at $389,000 after buying an additional 243 shares during the period. Citadel Advisors LLC acquired a new stake in SPDR S&P 1500 Value Tilt ETF during the 2nd quarter worth about $410,000. Ameritas Advisory Services LLC raised its position in shares of SPDR S&P 1500 Value Tilt ETF by 361.9% in the 2nd quarter. Ameritas Advisory Services LLC now owns 9,598 shares of the company’s stock worth $2,286,000 after acquiring an additional 7,520 shares in the last quarter. Aspire Capital Advisors LLC lifted its stake in shares of SPDR S&P 1500 Value Tilt ETF by 239.0% in the 2nd quarter. Aspire Capital Advisors LLC now owns 5,028 shares of the company’s stock valued at $1,198,000 after purchasing an additional 3,545 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its stake in shares of SPDR S&P 1500 Value Tilt ETF by 9.0% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 2,844 shares of the company’s stock valued at $677,000 after purchasing an additional 235 shares during the period.

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.