SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) Stock Price Breaks Above 50 Day Moving Average – Should You Sell?

SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)’s stock price crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $40.24 and traded as high as $40.26. SPDR SSgA Ultra Short Term Bond ETF shares last traded at $40.25, with a volume of 101,500 shares trading hands.

SPDR SSgA Ultra Short Term Bond ETF Stock Down 0.0%

The business has a 50 day simple moving average of $40.24 and a two-hundred day simple moving average of $40.38.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ULST. Continuum Advisory LLC purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the 2nd quarter worth about $45,000. Ameritas Advisory Services LLC purchased a new position in SPDR SSgA Ultra Short Term Bond ETF during the second quarter valued at $88,000. ZEGA Investments LLC bought a new stake in SPDR SSgA Ultra Short Term Bond ETF in the second quarter worth $325,000. Wisconsin Wealth Advisors LLC boosted its holdings in SPDR SSgA Ultra Short Term Bond ETF by 12.5% in the third quarter. Wisconsin Wealth Advisors LLC now owns 8,098 shares of the company’s stock worth $326,000 after acquiring an additional 902 shares in the last quarter. Finally, January Capital Advisors LLC purchased a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF in the first quarter worth $361,000.

About SPDR SSgA Ultra Short Term Bond ETF

The SPDR SSgA Ultra Short Term Bond ETF (ULST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated fixed-income securities with maturities ranging from 6 to 18 months and durations of 3 to 6 months. ULST was launched on Oct 9, 2013 and is managed by State Street.