Fifth Third Bancorp Raises Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Fifth Third Bancorp boosted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 297,500 shares of the company’s stock after buying an additional 22,218 shares during the quarter. Fifth Third Bancorp’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $16,901,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. ERn Financial LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 11.2% in the third quarter. ERn Financial LLC now owns 644,527 shares of the company’s stock worth $35,662,000 after purchasing an additional 64,828 shares in the last quarter. Asempa Wealth Advisors acquired a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $945,000. Destiny Capital Corp CO raised its position in SPDR Portfolio S&P 500 Value ETF by 7.4% in the third quarter. Destiny Capital Corp CO now owns 357,542 shares of the company’s stock worth $19,783,000 after purchasing an additional 24,508 shares in the last quarter. AE Wealth Management LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 19.5% in the third quarter. AE Wealth Management LLC now owns 3,117,992 shares of the company’s stock worth $172,519,000 after purchasing an additional 509,151 shares in the last quarter. Finally, Capital Advisory Group Advisory Services LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 10.2% in the third quarter. Capital Advisory Group Advisory Services LLC now owns 146,694 shares of the company’s stock worth $8,117,000 after purchasing an additional 13,540 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $59.88 on Friday. The firm has a market capitalization of $33.65 billion, a PE ratio of 20.50 and a beta of 0.82. The firm has a 50-day moving average price of $57.90 and a 200 day moving average price of $57.37. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $49.08 and a 12-month high of $60.34.

SPDR Portfolio S&P 500 Value ETF 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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.