Fifth Third Wealth Advisors LLC Grows Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Fifth Third Wealth Advisors LLC boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 15.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 503,899 shares of the company’s stock after acquiring an additional 69,089 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 1.0% of Fifth Third Wealth Advisors LLC’s investment portfolio, making the stock its 18th biggest position. Fifth Third Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $28,511,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SPYV. Morgan Stanley grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 120.2% during the fourth quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock valued at $1,121,873,000 after acquiring an additional 10,778,683 shares in the last quarter. Allworth Financial LP increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 16.1% during the third quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock worth $1,068,593,000 after acquiring an additional 2,682,951 shares during the last quarter. Valpey Financial Services LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5,865.0% in the fourth quarter. Valpey Financial Services LLC now owns 2,133,308 shares of the company’s stock worth $121,193,000 after acquiring an additional 2,097,544 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 38.5% in the fourth quarter. Royal Bank of Canada now owns 6,004,456 shares of the company’s stock worth $341,112,000 after acquiring an additional 1,670,152 shares in the last quarter. Finally, Wellington Management Group LLP purchased a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $68,850,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.1%

Shares of NYSEARCA SPYV opened at $60.60 on Thursday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $51.49 and a fifty-two week high of $61.87. The business has a 50 day moving average price of $60.23 and a two-hundred day moving average price of $58.62. The firm has a market cap of $34.05 billion, a PE ratio of 20.50 and a beta of 0.82.

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.