SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sets New 12-Month Low – What’s Next?

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) hit a new 52-week low during trading on Tuesday . The stock traded as low as $28.69 and last traded at $28.6950, with a volume of 679577 shares. The stock had previously closed at $28.71.

SPDR Portfolio Short Term Treasury ETF Stock Performance

The stock has a market cap of $6.06 billion, a P/E ratio of -63.81 and a beta of 0.05. The stock has a 50-day moving average price of $28.89 and a 200-day moving average price of $29.00.

Institutional Trading of SPDR Portfolio Short Term Treasury ETF

A number of institutional investors have recently modified their holdings of the company. State Street Corp increased its position in SPDR Portfolio Short Term Treasury ETF by 9.0% during the 2nd quarter. State Street Corp now owns 13,899,161 shares of the company’s stock valued at $403,215,000 after purchasing an additional 1,149,612 shares during the period. Proficio Capital Partners LLC grew its stake in shares of SPDR Portfolio Short Term Treasury ETF by 376.4% in the 2nd quarter. Proficio Capital Partners LLC now owns 6,991,445 shares of the company’s stock worth $202,822,000 after buying an additional 5,523,850 shares during the last quarter. Members Trust Co boosted its stake in SPDR Portfolio Short Term Treasury ETF by 7.2% in the 1st quarter. Members Trust Co now owns 3,770,589 shares of the company’s stock worth $110,026,000 after purchasing an additional 251,965 shares in the last quarter. Financial Solutions Advisory Group Inc. bought a new stake in SPDR Portfolio Short Term Treasury ETF during the 1st quarter valued at about $103,133,000. Finally, Cerity Partners LLC raised its holdings in SPDR Portfolio Short Term Treasury ETF by 9.6% in the 4th quarter. Cerity Partners LLC now owns 3,048,181 shares of the company’s stock worth $89,251,000 after acquiring an additional 266,521 shares during the last quarter.

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.