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

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTSGet Free Report)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $28.69 and last traded at $28.6950, with a volume of 679577 shares trading hands. The stock had previously closed at $28.71.

SPDR Portfolio Short Term Treasury ETF Price Performance

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

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. State Street Corp grew its stake in shares of SPDR Portfolio Short Term Treasury ETF by 9.0% in the 2nd quarter. State Street Corp now owns 13,899,161 shares of the company’s stock valued at $403,215,000 after buying an additional 1,149,612 shares during the period. Proficio Capital Partners LLC lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 376.4% during 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 in the last quarter. Members Trust Co boosted its position in SPDR Portfolio Short Term Treasury ETF by 7.2% in the first 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 during the last quarter. Financial Solutions Advisory Group Inc. purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF in the 1st quarter worth about $103,133,000. Finally, Cerity Partners LLC grew its position in shares of SPDR Portfolio Short Term Treasury ETF by 9.6% during the 4th quarter. Cerity Partners LLC now owns 3,048,181 shares of the company’s stock valued at $89,251,000 after acquiring an additional 266,521 shares during the period.

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.

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