SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sets New 1-Year Low – Here’s Why

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTSGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $28.71 and last traded at $28.6950, with a volume of 2744782 shares trading hands. The stock had previously closed at $28.72.

SPDR Portfolio Short Term Treasury ETF Stock Performance

The company has a market capitalization of $7.19 billion, a PE ratio of -63.81 and a beta of 0.05. The stock has a fifty day moving average of $28.91 and a 200 day moving average of $29.02.

Hedge Funds Weigh In On SPDR Portfolio Short Term Treasury ETF

Hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC increased its position in shares of SPDR Portfolio Short Term Treasury ETF by 4.8% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 315,007 shares of the company’s stock valued at $9,138,000 after purchasing an additional 14,503 shares during the last quarter. XY Planning Network Inc. raised its holdings in SPDR Portfolio Short Term Treasury ETF by 1.9% during the 2nd quarter. XY Planning Network Inc. now owns 28,884 shares of the company’s stock valued at $838,000 after buying an additional 536 shares during the period. Waverly Advisors LLC lifted its position in SPDR Portfolio Short Term Treasury ETF by 4.5% in the second quarter. Waverly Advisors LLC now owns 257,034 shares of the company’s stock worth $7,457,000 after buying an additional 11,043 shares during the last quarter. Allianz Asset Management GmbH bought a new stake in SPDR Portfolio Short Term Treasury ETF in the second quarter worth $46,000. Finally, Brown Financial Advisors lifted its position in SPDR Portfolio Short Term Treasury ETF by 2.8% in the second quarter. Brown Financial Advisors now owns 19,921 shares of the company’s stock worth $578,000 after buying an additional 539 shares during the last quarter.

About SPDR Portfolio Short Term Treasury ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for SPDR Portfolio Short Term Treasury ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Short Term Treasury ETF and related companies with MarketBeat.com's FREE daily email newsletter.