SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Reaches New 12-Month Low – What’s Next?

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTSGet Free Report)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $28.90 and last traded at $28.90, with a volume of 52873 shares traded. The stock had previously closed at $28.91.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.1%

The firm has a market capitalization of $6.05 billion, a P/E ratio of -64.33 and a beta of 0.05. The stock’s 50-day simple moving average is $28.99 and its 200-day simple moving average is $29.14.

Hedge Funds Weigh In On SPDR Portfolio Short Term Treasury ETF

Several institutional investors have recently modified their holdings of SPTS. Municipal Employees Retirement System of Michigan lifted its holdings 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 worth $757,760,000 after acquiring an additional 3,937,024 shares during the period. Financial Solutions Advisory Group Inc. bought a new position in SPDR Portfolio Short Term Treasury ETF in the 1st quarter valued at $103,133,000. Bank of Nova Scotia increased its position in shares of SPDR Portfolio Short Term Treasury ETF by 110.6% during the 1st quarter. Bank of Nova Scotia now owns 2,441,533 shares of the company’s stock valued at $71,276,000 after purchasing an additional 1,282,090 shares during the last quarter. Independence Wealth Advisors LLC increased its position in shares of SPDR Portfolio Short Term Treasury ETF by 1,084.0% during the 1st quarter. Independence Wealth Advisors LLC now owns 1,151,974 shares of the company’s stock valued at $33,615,000 after purchasing an additional 1,054,677 shares during the last quarter. Finally, Quent Long Short Global Small Cap Fund LP bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the 4th quarter worth $29,859,000.

SPDR Portfolio Short Term Treasury ETF Company Profile

(Get Free Report)

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.

Further Reading

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