Strategic Financial Concepts LLC Acquires Shares of 96,721 SPDR Portfolio Short Term Treasury ETF $SPTS

Strategic Financial Concepts LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 96,721 shares of the company’s stock, valued at approximately $2,832,000. SPDR Portfolio Short Term Treasury ETF makes up about 2.6% of Strategic Financial Concepts LLC’s holdings, making the stock its 9th biggest position.

A number of other hedge funds also recently bought and sold shares of SPTS. Municipal Employees Retirement System of Michigan lifted its stake in SPDR Portfolio Short Term Treasury ETF by 17.9% during the fourth quarter. Municipal Employees Retirement System of Michigan now owns 25,879,762 shares of the company’s stock valued at $757,760,000 after buying an additional 3,937,024 shares in the last quarter. Quent Long Short Global Small Cap Fund LP purchased a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the fourth quarter worth approximately $29,859,000. Modern Wealth Management LLC lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 74.9% in the third quarter. Modern Wealth Management LLC now owns 1,745,879 shares of the company’s stock worth $51,189,000 after purchasing an additional 747,653 shares in the last quarter. Concurrent Investment Advisors LLC lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 1,665.7% in the fourth quarter. Concurrent Investment Advisors LLC now owns 586,463 shares of the company’s stock worth $17,172,000 after purchasing an additional 553,249 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 848.2% in the third quarter. Tower Research Capital LLC TRC now owns 581,426 shares of the company’s stock worth $17,047,000 after purchasing an additional 520,109 shares in the last quarter.

SPDR Portfolio Short Term Treasury ETF Price Performance

NYSEARCA SPTS opened at $29.00 on Friday. The company has a 50 day simple moving average of $29.11 and a 200-day simple moving average of $29.22. The firm has a market capitalization of $6.02 billion, a price-to-earnings ratio of -64.48 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a 52-week low of $28.96 and a 52-week high of $29.40.

About SPDR Portfolio Short Term Treasury ETF

The SPDR Portfolio Short Term Treasury ETF (SPTS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasurys with remaining maturities between 1-3 years. SPTS was launched on Nov 30, 2011 and is managed by State Street.