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 . 2,507,591 shares changed 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 Performance

The firm has a market capitalization of $6.03 billion, a P/E ratio of -64.60 and a beta of 0.05. The business has a fifty day moving average of $29.10 and a 200-day moving average of $29.22.

Hedge Funds Weigh In On SPDR Portfolio Short Term Treasury ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Clearstead Advisors LLC grew its holdings in SPDR Portfolio Short Term Treasury ETF by 103.6% in the 4th quarter. Clearstead Advisors LLC now owns 837 shares of the company’s stock worth $25,000 after buying an additional 426 shares in the last quarter. Addison Advisors LLC lifted its position in SPDR Portfolio Short Term Treasury ETF by 450.0% in the third quarter. Addison Advisors LLC now owns 858 shares of the company’s stock worth $25,000 after purchasing an additional 702 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in SPDR Portfolio Short Term Treasury ETF in the fourth quarter worth approximately $25,000. Private Wealth Asset Management LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF in the fourth quarter worth approximately $26,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF in the fourth quarter worth approximately $27,000.

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.