Lincoln National Corp Boosts Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Lincoln National Corp increased its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 112.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 407,655 shares of the company’s stock after acquiring an additional 215,640 shares during the quarter. Lincoln National Corp’s holdings in SPDR Portfolio S&P 500 ETF were worth $22,788,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Venturi Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $31,000. Chilton Capital Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $31,000. Tsfg LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 255.5% during the fourth quarter. Tsfg LLC now owns 551 shares of the company’s stock worth $31,000 after acquiring an additional 396 shares during the period. Tower View Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 416.8% in the fourth quarter. Tower View Wealth Management LLC now owns 615 shares of the company’s stock valued at $34,000 after buying an additional 496 shares in the last quarter. Finally, Rakuten Securities Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $35,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.1 %

Shares of SPLG stock traded up $0.08 during trading hours on Tuesday, hitting $60.84. The company’s stock had a trading volume of 5,597,364 shares, compared to its average volume of 8,640,286. SPDR Portfolio S&P 500 ETF has a twelve month low of $48.07 and a twelve month high of $61.69. The stock has a market cap of $34.32 billion, a price-to-earnings ratio of 25.60 and a beta of 1.00. The business has a fifty day moving average of $60.23 and a 200-day moving average of $56.79.

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.