NewSquare Capital LLC boosted its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 301.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 348,312 shares of the company’s stock after purchasing an additional 261,589 shares during the period. SPDR S&P 500 ETF Trust makes up 5.6% of NewSquare Capital LLC’s portfolio, making the stock its 4th biggest position. NewSquare Capital LLC’s holdings in SPDR S&P 500 ETF Trust were worth $23,453,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPY. World Asset Management Inc acquired a new position in SPDR S&P 500 ETF Trust during the 2nd quarter worth $316,000. Papp L Roy & Associates acquired a new position in SPDR S&P 500 ETF Trust during the 2nd quarter worth $223,000. Financial Management Professionals Inc. grew its holdings in SPDR S&P 500 ETF Trust by 6.8% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,434 shares of the company’s stock worth $346,000 after acquiring an additional 91 shares in the last quarter. Verus Financial Partners Inc. grew its holdings in SPDR S&P 500 ETF Trust by 3.8% during the 2nd quarter. Verus Financial Partners Inc. now owns 1,230 shares of the company’s stock worth $297,000 after acquiring an additional 45 shares in the last quarter. Finally, Enterprise Financial Services Corp grew its holdings in SPDR S&P 500 ETF Trust by 29.1% during the 2nd quarter. Enterprise Financial Services Corp now owns 11,805 shares of the company’s stock worth $2,854,000 after acquiring an additional 2,662 shares in the last quarter.

Shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) traded up $1.44 during mid-day trading on Friday, reaching $265.51. 76,537,837 shares of the company’s stock traded hands, compared to its average volume of 69,809,453. SPDR S&P 500 ETF Trust has a 52 week low of $222.73 and a 52 week high of $266.80.

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About SPDR S&P 500 ETF Trust

SPDR S&P 500 ETF Trust (the Trust) is a unit investment trust. The Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index (the Index). The Trust seeks to achieve this investment objective by holding a portfolio of the common stocks that are included in the Index (the Portfolio), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.

Institutional Ownership by Quarter for SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

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