Lincoln Capital Corp Acquires 13,661 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Lincoln Capital Corp lifted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 13.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 113,123 shares of the company’s stock after buying an additional 13,661 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for about 3.2% of Lincoln Capital Corp’s holdings, making the stock its 8th biggest holding. Lincoln Capital Corp’s holdings in SPDR Portfolio S&P 500 ETF were worth $8,223,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. WealthShield Partners LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.3% in the 1st quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock worth $1,904,000 after acquiring an additional 1,191 shares during the period. Chemistry Wealth Management LLC grew its position in SPDR Portfolio S&P 500 ETF by 7.5% in the 1st quarter. Chemistry Wealth Management LLC now owns 9,004 shares of the company’s stock worth $592,000 after purchasing an additional 628 shares during the last quarter. Advisors Capital Management LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 7.3% during the first quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock worth $450,000 after buying an additional 468 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 10.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,951,291 shares of the company’s stock worth $128,317,000 after buying an additional 187,585 shares during the period. Finally, Foundations Investment Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 0.9% during the first quarter. Foundations Investment Advisors LLC now owns 48,482 shares of the company’s stock worth $3,188,000 after buying an additional 446 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $77.66 on Wednesday. The firm has a market capitalization of $82.43 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $77.87. The stock’s fifty day moving average is $75.15 and its 200-day moving average is $70.07.

SPDR Portfolio S&P 500 ETF 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.