SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sets New 1-Year Low – Here’s Why

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTSGet Free Report)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $28.92 and last traded at $28.92, with a volume of 249066 shares trading hands. The stock had previously closed at $28.97.

SPDR Portfolio Short Term Treasury ETF Stock Performance

The business’s 50 day moving average price is $29.08 and its 200-day moving average price is $29.20. The firm has a market capitalization of $6.00 billion, a PE ratio of -64.31 and a beta of 0.05.

Institutional Investors Weigh In On SPDR Portfolio Short Term Treasury ETF

A number of institutional investors and hedge funds have recently made changes to their positions in SPTS. Addison Advisors LLC raised its stake in shares of SPDR Portfolio Short Term Treasury ETF by 450.0% in the 3rd quarter. Addison Advisors LLC now owns 858 shares of the company’s stock valued at $25,000 after acquiring an additional 702 shares during the period. Clearstead Advisors LLC increased its stake in SPDR Portfolio Short Term Treasury ETF by 103.6% during the 4th quarter. Clearstead Advisors LLC now owns 837 shares of the company’s stock worth $25,000 after buying an additional 426 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in SPDR Portfolio Short Term Treasury ETF during the 4th quarter worth approximately $25,000. Private Wealth Asset Management LLC purchased a new stake in SPDR Portfolio Short Term Treasury ETF during the 4th quarter worth approximately $26,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in SPDR Portfolio Short Term Treasury ETF during the 4th quarter worth approximately $27,000.

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.

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