Koshinski Asset Management Inc. Has $1.82 Million Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

Koshinski Asset Management Inc. increased its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.0% during the second quarter, Holdings Channel reports. The fund owned 25,074 shares of the company’s stock after acquiring an additional 501 shares during the quarter. Koshinski Asset Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,823,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. WealthShield Partners LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 4.3% in the first quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock worth $1,904,000 after buying an additional 1,191 shares during the period. Advisors Capital Management LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 7.3% in the 1st quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock worth $450,000 after acquiring an additional 468 shares in the last quarter. Fiduciary Alliance LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the 2nd quarter worth about $660,000. Foundations Investment Advisors LLC grew its stake in SPDR Portfolio S&P 500 ETF by 0.9% during the 1st quarter. Foundations Investment Advisors LLC now owns 48,482 shares of the company’s stock valued at $3,188,000 after acquiring an additional 446 shares in the last quarter. Finally, Fortitude Financial LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 101.7% in the 1st quarter. Fortitude Financial LLC now owns 436,977 shares of the company’s stock valued at $28,736,000 after purchasing an additional 220,281 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPLG opened at $78.16 on Friday. The company has a 50 day simple moving average of $77.06 and a 200-day simple moving average of $71.91. The firm has a market capitalization of $91.05 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $79.28.

About SPDR Portfolio S&P 500 ETF

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.