New Century Financial Group LLC Makes New $1.49 Million Investment in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

New Century Financial Group LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 30,529 shares of the company’s stock, valued at approximately $1,488,000. SPDR Portfolio S&P 500 Value ETF comprises approximately 0.6% of New Century Financial Group LLC’s holdings, making the stock its 29th biggest position.

Other institutional investors have also made changes to their positions in the company. Williams Financial LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the second quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock worth $2,101,241,000 after buying an additional 42,302,888 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 202.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 13,117,502 shares of the company’s stock valued at $611,669,000 after acquiring an additional 8,776,348 shares during the last quarter. Dynasty Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at approximately $152,867,000. LPL Financial LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 7.6% in the 2nd quarter. LPL Financial LLC now owns 35,973,940 shares of the company’s stock worth $1,753,370,000 after purchasing an additional 2,535,855 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in SPDR Portfolio S&P 500 Value ETF by 209.0% during the first quarter. Cetera Investment Advisers now owns 2,530,967 shares of the company’s stock worth $126,801,000 after purchasing an additional 1,711,930 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $52.86 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a one year low of $39.51 and a one year high of $52.98. The company’s fifty day moving average price is $51.33 and its 200 day moving average price is $49.85. The company has a market capitalization of $22.91 billion, a PE ratio of 24.09 and a beta of 0.81.

SPDR Portfolio S&P 500 Value ETF Company Profile

SPDR S&P 500 Value ETF (the Fund), formerly SPDR Dow Jones Large Cap Value ETF, seeks to closely match the returns and characteristics of the S&P 500 Value Index. The S&P 500 Value Index measures the performance of the large-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P 500 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio.