Fifth Third Securities Inc. Makes New $34.62 Million Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Fifth Third Securities Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 566,363 shares of the company’s stock, valued at approximately $34,622,000. SPDR Portfolio S&P 500 Value ETF makes up 1.7% of Fifth Third Securities Inc.’s holdings, making the stock its 9th biggest position. Fifth Third Securities Inc. owned approximately 0.09% of SPDR Portfolio S&P 500 Value ETF as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Sowell Financial Services LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter worth about $416,000. Bell Bank purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at approximately $106,035,000. Wealth Management Resources Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $1,547,000. Carnegie Investment Counsel purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth $729,000. Finally, Ironwood Financial llc acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $937,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV traded up $0.18 during midday trading on Wednesday, hitting $63.73. The company’s stock had a trading volume of 1,597,938 shares, compared to its average volume of 2,875,939. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $54.44 and a fifty-two week high of $64.26. The firm’s 50 day moving average is $62.80 and its 200-day moving average is $61.38. The firm has a market cap of $38.20 billion, a P/E ratio of 20.50 and a beta of 0.82.

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. 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.