SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Reaches New 1-Year Low – Time to Sell?

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as $28.88 and last traded at $28.89, with a volume of 53450 shares. The stock had previously closed at $28.90.

SPDR Portfolio Short Term Treasury ETF Stock Down 0.0%

The stock has a 50-day moving average of $28.97 and a 200 day moving average of $29.12. The stock has a market cap of $6.06 billion, a PE ratio of -64.24 and a beta of 0.05.

Institutional Trading of SPDR Portfolio Short Term Treasury ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Municipal Employees Retirement System of Michigan lifted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 17.9% in the 4th quarter. Municipal Employees Retirement System of Michigan now owns 25,879,762 shares of the company’s stock valued at $757,760,000 after buying an additional 3,937,024 shares during the period. Financial Solutions Advisory Group Inc. acquired a new stake in SPDR Portfolio Short Term Treasury ETF during the first quarter worth about $103,133,000. Bank of Nova Scotia grew its holdings in SPDR Portfolio Short Term Treasury ETF by 110.6% during the first quarter. Bank of Nova Scotia now owns 2,441,533 shares of the company’s stock worth $71,276,000 after acquiring an additional 1,282,090 shares during the period. Independence Wealth Advisors LLC raised its position in SPDR Portfolio Short Term Treasury ETF by 1,084.0% during the first quarter. Independence Wealth Advisors LLC now owns 1,151,974 shares of the company’s stock valued at $33,615,000 after acquiring an additional 1,054,677 shares in the last quarter. Finally, Quent Long Short Global Small Cap Fund LP purchased a new position in SPDR Portfolio Short Term Treasury ETF during the fourth quarter valued at approximately $29,859,000.

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.