SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Strong Trading Volume – Should You Buy?

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) shares saw an uptick in trading volume on Tuesday . 619,204 shares traded hands during mid-day trading, a decline of 54% from the previous session’s volume of 1,343,417 shares.The stock last traded at $28.95 and had previously closed at $28.92.

SPDR Portfolio Short Term Treasury ETF Stock Up 0.1 %

The company has a 50-day simple moving average of $29.00 and a 200 day simple moving average of $29.11.

Institutional Trading of SPDR Portfolio Short Term Treasury ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fortitude Family Office LLC bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the third quarter valued at approximately $47,000. BOKF NA acquired a new stake in SPDR Portfolio Short Term Treasury ETF during the second quarter worth $59,000. Northwest Capital Management Inc increased its holdings in SPDR Portfolio Short Term Treasury ETF by 327.6% in the 3rd quarter. Northwest Capital Management Inc now owns 2,219 shares of the company’s stock valued at $65,000 after buying an additional 1,700 shares during the period. Blue Trust Inc. raised its stake in shares of SPDR Portfolio Short Term Treasury ETF by 132.6% in the 3rd quarter. Blue Trust Inc. now owns 3,100 shares of the company’s stock valued at $89,000 after buying an additional 1,767 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 3rd quarter worth about $91,000.

About SPDR Portfolio Short Term Treasury ETF

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.