Municipal Employees Retirement System of Michigan Purchases 3,937,024 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS

Municipal Employees Retirement System of Michigan boosted its position in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 17.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,879,762 shares of the company’s stock after acquiring an additional 3,937,024 shares during the quarter. SPDR Portfolio Short Term Treasury ETF accounts for about 8.6% of Municipal Employees Retirement System of Michigan’s holdings, making the stock its 5th biggest holding. Municipal Employees Retirement System of Michigan owned 13.62% of SPDR Portfolio Short Term Treasury ETF worth $757,760,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SPTS. NewEdge Advisors LLC raised its holdings in SPDR Portfolio Short Term Treasury ETF by 76.2% in the first quarter. NewEdge Advisors LLC now owns 34,757 shares of the company’s stock valued at $1,016,000 after acquiring an additional 15,030 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in SPDR Portfolio Short Term Treasury ETF by 2,864.3% in the first quarter. Jones Financial Companies Lllp now owns 15,118 shares of the company’s stock valued at $442,000 after acquiring an additional 14,608 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in SPDR Portfolio Short Term Treasury ETF by 129.0% in the first quarter. Goldman Sachs Group Inc. now owns 236,393 shares of the company’s stock valued at $6,912,000 after acquiring an additional 133,182 shares in the last quarter. Jane Street Group LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF in the first quarter valued at approximately $1,606,000. Finally, State Street Corp raised its holdings in SPDR Portfolio Short Term Treasury ETF by 3.3% in the second quarter. State Street Corp now owns 12,419,060 shares of the company’s stock valued at $363,754,000 after acquiring an additional 400,533 shares in the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Down 0.0%

Shares of NYSEARCA:SPTS opened at $29.00 on Friday. SPDR Portfolio Short Term Treasury ETF has a fifty-two week low of $28.96 and a fifty-two week high of $29.40. The firm’s 50 day moving average price is $29.11 and its 200 day moving average price is $29.22. The stock has a market cap of $6.02 billion, a price-to-earnings ratio of -64.48 and a beta of 0.05.

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.