SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Large Volume Increase – Time to Buy?

by · The Markets Daily

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS – Get Free Report) saw an uptick in trading volume on Tuesday. Approximately 10,523,602 shares changed hands during mid-day trading, an increase of 451% from the previous session’s volume of 1,910,544 shares. The stock last traded at $28.6650 and had previously closed at $28.64.

SPDR Portfolio Short Term Treasury ETF Stock Performance

The firm has a market cap of $7.44 billion, a P/E ratio of -63.74 and a beta of 0.05. The firm has a 50 day simple moving average of $28.86 and a 200 day simple moving average of $28.98.

Institutional Investors Weigh In On SPDR Portfolio Short Term Treasury ETF

A number of large investors have recently added to or reduced their stakes in SPTS. Clearstead Advisors LLC lifted its position 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 during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth approximately $25,000. Private Wealth Asset Management LLC bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the 4th quarter worth approximately $26,000. Manchester Capital Management LLC purchased a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the 4th quarter valued at $36,000. Finally, Allianz Asset Management GmbH purchased a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the 2nd quarter valued at $46,000.

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.

Recommended Stories