SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Unusually-High Trading Volume – Here’s Why

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) shares saw an uptick in trading volume on Wednesday . 2,507,591 shares traded hands during mid-day trading, an increase of 41% from the previous session’s volume of 1,774,678 shares.The stock last traded at $29.04 and had previously closed at $29.04.

SPDR Portfolio Short Term Treasury ETF Stock Up 0.0%

The stock has a market capitalization of $6.03 billion, a price-to-earnings ratio of -64.60 and a beta of 0.05. The business has a 50-day simple moving average of $29.10 and a two-hundred day simple moving average of $29.22.

Institutional Investors Weigh In On SPDR Portfolio Short Term Treasury ETF

A number of institutional investors have recently added to or reduced their stakes in SPTS. Municipal Employees Retirement System of Michigan lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 17.9% during the 4th quarter. Municipal Employees Retirement System of Michigan now owns 25,879,762 shares of the company’s stock valued at $757,760,000 after acquiring an additional 3,937,024 shares during the last quarter. State Street Corp boosted its position in shares of SPDR Portfolio Short Term Treasury ETF by 3.9% in the 4th quarter. State Street Corp now owns 13,321,666 shares of the company’s stock valued at $390,058,000 after purchasing an additional 498,279 shares during the period. Envestnet Asset Management Inc. increased its stake in SPDR Portfolio Short Term Treasury ETF by 0.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,539,655 shares of the company’s stock worth $162,423,000 after purchasing an additional 23,320 shares in the last quarter. Members Trust Co increased its stake in SPDR Portfolio Short Term Treasury ETF by 7.2% in the 1st quarter. Members Trust Co now owns 3,770,589 shares of the company’s stock worth $110,026,000 after purchasing an additional 251,965 shares in the last quarter. Finally, Cerity Partners LLC increased its stake in SPDR Portfolio Short Term Treasury ETF by 9.6% in the 4th quarter. Cerity Partners LLC now owns 3,048,181 shares of the company’s stock worth $89,251,000 after purchasing an additional 266,521 shares in the last quarter.

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.