SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Unusually-High Trading Volume – Time to Buy?

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) shares saw an uptick in trading volume on Thursday . 2,463,070 shares were traded during mid-day trading, an increase of 59% from the previous session’s volume of 1,552,102 shares.The stock last traded at $29.2750 and had previously closed at $29.28.

SPDR Portfolio Short Term Treasury ETF Stock Performance

The company has a 50-day moving average of $29.28 and a 200 day moving average of $29.27. The firm has a market cap of $5.99 billion, a P/E ratio of -65.10 and a beta of 0.05.

Institutional Investors Weigh In On SPDR Portfolio Short Term Treasury ETF

Several large investors have recently made changes to their positions in the company. NewEdge Advisors LLC grew its stake in SPDR Portfolio Short Term Treasury ETF by 76.2% during the first quarter. NewEdge Advisors LLC now owns 34,757 shares of the company’s stock worth $1,016,000 after buying an additional 15,030 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 2,864.3% in the 1st quarter. Jones Financial Companies Lllp now owns 15,118 shares of the company’s stock worth $442,000 after acquiring an additional 14,608 shares in the last quarter. Goldman Sachs Group Inc. grew its position in SPDR Portfolio Short Term Treasury ETF by 129.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 236,393 shares of the company’s stock worth $6,912,000 after acquiring an additional 133,182 shares during the last quarter. Jane Street Group LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF during the 1st quarter valued at $1,606,000. Finally, Dynamic Advisor Solutions LLC raised its position in SPDR Portfolio Short Term Treasury ETF by 0.7% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 107,360 shares of the company’s stock valued at $3,145,000 after purchasing an additional 726 shares during the last quarter.

About SPDR Portfolio Short Term Treasury ETF

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.