diff --git a/.gitignore b/.gitignore
index 2fbf80a..1e7ce37 100644
--- a/.gitignore
+++ b/.gitignore
@@ -3,3 +3,4 @@
 /traitlets-4.3.2.tar.gz
 /traitlets-4.3.3.tar.gz
 /traitlets-5.0.2.tar.gz
+/traitlets-5.0.3.tar.gz
diff --git a/python-traitlets.spec b/python-traitlets.spec
index 52621f2..91eb8db 100644
--- a/python-traitlets.spec
+++ b/python-traitlets.spec
@@ -1,7 +1,7 @@
 %global srcname traitlets
 
 Name:           python-%{srcname}
-Version:        5.0.2
+Version:        5.0.3
 Release:        1%{?dist}
 Summary:        A lightweight derivative of Enthought Traits for configuring Python objects
 
@@ -62,6 +62,9 @@ py.test-%{python3_version} -v %{srcname}/tests/
 
 
 %changelog
+* Sun Sep 06 2020 Orion Poplawski <orion@nwra.com> - 5.0.3-1
+- Update to 5.0.3
+
 * Thu Sep  3 2020 Orion Poplawski <orion@nwra.com> - 5.0.2-1
 - Update to 5.0.2
 
diff --git a/sources b/sources
index c567a9c..af14192 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (traitlets-5.0.2.tar.gz) = 75f027ee52a7cbbdbd8ae2a12edbefe747eae1dc7f00932beb15cba9b6cfc4058d1baf999ffbe95a5c2dab6fa1efd10791bec4e8851d86d120de5d564bf32c66
+SHA512 (traitlets-5.0.3.tar.gz) = 64eee56e363c8bb7636124180923938562480d0fba806e4fe5d158ca8bf440db870191d234ca8bfcedcd8fcda10d3eced9f3b1e5bac8554d0da9a3583a536602