Lincoln Capital Corp Acquires 39,059 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Lincoln Capital Corp boosted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 34.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 152,182 shares of the company’s stock after purchasing an additional 39,059 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for 4.3% of Lincoln Capital Corp’s investment portfolio, making the stock its 5th biggest holding. Lincoln Capital Corp’s holdings in SPDR Portfolio S&P 500 ETF were worth $11,922,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPLG. Roxbury Financial LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $28,000. Clearstead Trust LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at approximately $30,000. Retirement Wealth Solutions LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the second quarter worth $32,000. GPS Wealth Strategies Group LLC raised its position in SPDR Portfolio S&P 500 ETF by 194.6% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock valued at $36,000 after buying an additional 323 shares during the last quarter. Finally, GAMMA Investing LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $40,000.

SPDR Portfolio S&P 500 ETF Trading Down 0.0%

Shares of NYSEARCA:SPLG opened at $81.22 on Friday. The stock has a market cap of $96.66 billion, a PE ratio of 25.61 and a beta of 1.00. The stock’s fifty day simple moving average is $79.79 and its two-hundred day simple moving average is $76.79. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $81.14.

SPDR Portfolio S&P 500 ETF Company Profile

SPDR Russell 1000 ETF (the Fund), formerly SPDR Dow Jones Large Cap ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded the United States equity securities. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.