Roger Wittlin Investment Advisory LLC Sells 1,769 Shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

Roger Wittlin Investment Advisory LLC lowered its holdings in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 4.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,498 shares of the company’s stock after selling 1,769 shares during the period. SPDR S&P 1500 Value Tilt ETF makes up 4.3% of Roger Wittlin Investment Advisory LLC’s portfolio, making the stock its 7th biggest position. Roger Wittlin Investment Advisory LLC owned about 2.04% of SPDR S&P 1500 Value Tilt ETF worth $7,469,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. LPL Financial LLC lifted its stake in shares of SPDR S&P 1500 Value Tilt ETF by 18.5% during the second quarter. LPL Financial LLC now owns 432,678 shares of the company’s stock worth $74,458,000 after purchasing an additional 67,580 shares in the last quarter. Raymond James & Associates raised its holdings in shares of SPDR S&P 1500 Value Tilt ETF by 314.9% during the 3rd quarter. Raymond James & Associates now owns 53,440 shares of the company’s stock valued at $9,856,000 after buying an additional 40,559 shares during the period. Virtu Financial LLC acquired a new position in SPDR S&P 1500 Value Tilt ETF during the 1st quarter worth approximately $3,033,000. Janney Montgomery Scott LLC purchased a new position in SPDR S&P 1500 Value Tilt ETF in the 3rd quarter worth approximately $1,757,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in SPDR S&P 1500 Value Tilt ETF by 27.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 21,442 shares of the company’s stock valued at $3,690,000 after acquiring an additional 4,595 shares in the last quarter.

SPDR S&P 1500 Value Tilt ETF Stock Down 0.2 %

VLU opened at $189.94 on Wednesday. The firm has a market capitalization of $377.97 million, a P/E ratio of 16.65 and a beta of 0.87. The firm’s 50 day moving average is $184.94 and its 200-day moving average is $178.20. SPDR S&P 1500 Value Tilt ETF has a 52-week low of $149.69 and a 52-week high of $193.30.

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.