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

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) shares saw strong trading volume on Wednesday . 4,590,222 shares were traded during trading, an increase of 197% from the previous session’s volume of 1,547,658 shares.The stock last traded at $29.08 and had previously closed at $29.05.

SPDR Portfolio Short Term Treasury ETF Stock Performance

The firm’s 50 day simple moving average is $29.17 and its 200-day simple moving average is $29.06.

Institutional Trading of SPDR Portfolio Short Term Treasury ETF

Several large investors have recently added to or reduced their stakes in the company. GLOBALT Investments LLC GA grew its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 96.9% during the 3rd quarter. GLOBALT Investments LLC GA now owns 9,244,383 shares of the company’s stock valued at $271,877,000 after acquiring an additional 4,548,662 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 38.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,851,869 shares of the company’s stock valued at $140,073,000 after acquiring an additional 1,347,571 shares in the last quarter. HHM Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 2nd quarter valued at $22,697,000. State Street Corp grew its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 6.0% during the 3rd quarter. State Street Corp now owns 12,041,960 shares of the company’s stock valued at $354,154,000 after acquiring an additional 677,344 shares in the last quarter. Finally, Deane Retirement Strategies Inc. purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 3rd quarter valued at $16,134,000.

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.