Foundations Investment Advisors LLC Purchases 78,375 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS

Foundations Investment Advisors LLC lifted its position in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 80.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 176,297 shares of the company’s stock after buying an additional 78,375 shares during the quarter. Foundations Investment Advisors LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $5,162,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of SPTS. Municipal Employees Retirement System of Michigan lifted its position in SPDR Portfolio Short Term Treasury ETF by 17.9% during the fourth quarter. Municipal Employees Retirement System of Michigan now owns 25,879,762 shares of the company’s stock valued at $757,760,000 after acquiring an additional 3,937,024 shares during the last quarter. Quent Long Short Global Small Cap Fund LP purchased a new stake in SPDR Portfolio Short Term Treasury ETF during the fourth quarter valued at approximately $29,859,000. Modern Wealth Management LLC lifted its position in SPDR Portfolio Short Term Treasury ETF by 74.9% during the third quarter. Modern Wealth Management LLC now owns 1,745,879 shares of the company’s stock valued at $51,189,000 after acquiring an additional 747,653 shares during the last quarter. Concurrent Investment Advisors LLC lifted its position in SPDR Portfolio Short Term Treasury ETF by 1,665.7% during the fourth quarter. Concurrent Investment Advisors LLC now owns 586,463 shares of the company’s stock valued at $17,172,000 after acquiring an additional 553,249 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in SPDR Portfolio Short Term Treasury ETF by 848.2% during the third quarter. Tower Research Capital LLC TRC now owns 581,426 shares of the company’s stock valued at $17,047,000 after acquiring an additional 520,109 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Up 0.1%

NYSEARCA:SPTS opened at $29.06 on Friday. SPDR Portfolio Short Term Treasury ETF has a 52 week low of $28.96 and a 52 week high of $29.40. The firm has a 50 day moving average of $29.09 and a 200 day moving average of $29.21. The stock has a market capitalization of $6.03 billion, a price-to-earnings ratio of -64.62 and a beta of 0.05.

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.