Fifth Third Securities Inc. Has $28.29 Million Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Fifth Third Securities Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 45.1% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 540,467 shares of the company’s stock after acquiring an additional 167,998 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 2.1% of Fifth Third Securities Inc.’s holdings, making the stock its 8th largest position. Fifth Third Securities Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $28,288,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. ERn Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.0% during the second quarter. ERn Financial LLC now owns 579,699 shares of the company’s stock valued at $30,341,000 after acquiring an additional 22,491 shares during the last quarter. Fiduciary Advisors Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the second quarter valued at $26,000. Sound Income Strategies LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 75.8% in the second quarter. Sound Income Strategies LLC now owns 807 shares of the company’s stock valued at $42,000 after purchasing an additional 348 shares during the period. Beacon Capital Management LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 138.7% during the 2nd quarter. Beacon Capital Management LLC now owns 2,167 shares of the company’s stock worth $113,000 after purchasing an additional 1,259 shares during the last quarter. Finally, Avior Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 2.0% during the 2nd quarter. Avior Wealth Management LLC now owns 619,361 shares of the company’s stock worth $32,417,000 after buying an additional 12,189 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.7%

NYSEARCA SPYV opened at $55.04 on Monday. The firm has a market capitalization of $28.21 billion, a PE ratio of 20.50 and a beta of 0.94. The business’s 50-day moving average price is $54.05 and its two-hundred day moving average price is $51.73. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $55.42.

About SPDR Portfolio S&P 500 Value ETF

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.