SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Hits New 12-Month Low – Should You Sell?

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $28.91 and last traded at $28.91, with a volume of 55036 shares changing hands. The stock had previously closed at $29.01.

SPDR Portfolio Short Term Treasury ETF Price Performance

The firm’s 50-day moving average price is $29.03 and its 200 day moving average price is $29.16. The firm has a market capitalization of $6.00 billion, a price-to-earnings ratio of -64.31 and a beta of 0.05.

Institutional Investors Weigh In On SPDR Portfolio Short Term Treasury ETF

Large investors have recently bought and sold shares of the stock. Gradient Investments LLC raised its stake in shares of SPDR Portfolio Short Term Treasury ETF by 4.3% during the fourth quarter. Gradient Investments LLC now owns 582,225 shares of the company’s stock valued at $17,048,000 after purchasing an additional 24,040 shares during the period. Evermay Wealth Management LLC boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 5.8% in the fourth quarter. Evermay Wealth Management LLC now owns 2,721,333 shares of the company’s stock valued at $79,681,000 after purchasing an additional 149,931 shares during the period. Dagco Inc. boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 32.5% in the fourth quarter. Dagco Inc. now owns 1,513,995 shares of the company’s stock valued at $44,330,000 after purchasing an additional 371,484 shares during the period. First Affirmative Financial Network grew its holdings in SPDR Portfolio Short Term Treasury ETF by 34.7% during the 3rd quarter. First Affirmative Financial Network now owns 307,054 shares of the company’s stock valued at $9,003,000 after purchasing an additional 79,167 shares in the last quarter. Finally, Guild Investment Management Inc. acquired a new stake in SPDR Portfolio Short Term Treasury ETF during the 4th quarter valued at $4,538,000.

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.