Fifth Third Bancorp Grows Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Fifth Third Bancorp raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 55.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 231,880 shares of the company’s stock after acquiring an additional 82,242 shares during the quarter. Fifth Third Bancorp’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $11,858,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYV. JPMorgan Chase & Co. increased its position in SPDR Portfolio S&P 500 Value ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after purchasing an additional 286,795 shares in the last quarter. Private Advisor Group LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the third quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock worth $145,985,000 after buying an additional 121,974 shares in the last quarter. ORG Wealth Partners LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at approximately $33,000. Ausdal Financial Partners Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 44.7% during the third quarter. Ausdal Financial Partners Inc. now owns 132,221 shares of the company’s stock valued at $6,989,000 after buying an additional 40,830 shares during the period. Finally, Diversify Advisory Services LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 12.9% during the third quarter. Diversify Advisory Services LLC now owns 219,542 shares of the company’s stock worth $11,693,000 after acquiring an additional 25,003 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $52.56 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $46.42 and a fifty-two week high of $55.42. The company has a market capitalization of $22.78 billion, a PE ratio of 24.09 and a beta of 0.81. The stock has a fifty day moving average of $52.67 and a two-hundred day moving average of $52.15.

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.