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

Shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) saw strong trading volume on Wednesday . 13,194,109 shares were traded during trading, an increase of 713% from the previous session’s volume of 1,623,175 shares.The stock last traded at $29.2950 and had previously closed at $29.29.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.1%

The stock has a market cap of $6.14 billion, a P/E ratio of -65.22 and a beta of 0.05. The business has a 50-day simple moving average of $29.28 and a 200 day simple moving average of $29.28.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SPTS. Great Point Wealth Advisors LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF during the third quarter worth approximately $17,271,000. Acorn Financial Advisory Services Inc. ADV boosted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 3.4% during the 3rd quarter. Acorn Financial Advisory Services Inc. ADV now owns 1,005,112 shares of the company’s stock worth $29,470,000 after buying an additional 32,992 shares in the last quarter. Intrua Financial LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the 3rd quarter worth approximately $2,020,000. Blalock Williams LLC bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the 3rd quarter valued at $733,000. Finally, Successful Portfolios LLC lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 172.9% during the 3rd quarter. Successful Portfolios LLC now owns 41,406 shares of the company’s stock valued at $1,214,000 after acquiring an additional 26,234 shares during the period.

SPDR Portfolio Short Term Treasury ETF Company Profile

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.