SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Unusually-High Trading Volume – Here’s What Happened

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) shares saw strong trading volume on Monday . 1,272,228 shares were traded during mid-day trading, a decline of 32% from the previous session’s volume of 1,870,715 shares.The stock last traded at $29.19 and had previously closed at $29.20.

SPDR Portfolio Short Term Treasury ETF Price Performance

The firm has a 50 day simple moving average of $29.20 and a 200-day simple moving average of $29.26. The company has a market cap of $6.21 billion, a price-to-earnings ratio of -64.88 and a beta of 0.05.

Hedge Funds Weigh In On SPDR Portfolio Short Term Treasury ETF

A number of hedge funds have recently modified their holdings of the business. RFG Advisory LLC boosted its holdings in SPDR Portfolio Short Term Treasury ETF by 6.3% during the 1st quarter. RFG Advisory LLC now owns 117,087 shares of the company’s stock valued at $3,417,000 after acquiring an additional 6,983 shares during the period. Apella Capital LLC purchased a new stake in SPDR Portfolio Short Term Treasury ETF during the first quarter worth about $11,311,000. Faithward Advisors LLC lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 8.0% during the first quarter. Faithward Advisors LLC now owns 153,225 shares of the company’s stock worth $4,712,000 after purchasing an additional 11,295 shares in the last quarter. HHM Wealth Advisors LLC lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 19.3% during the first quarter. HHM Wealth Advisors LLC now owns 1,308,197 shares of the company’s stock worth $38,173,000 after purchasing an additional 212,060 shares in the last quarter. Finally, Tactive Advisors LLC boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 1.8% in the first quarter. Tactive Advisors LLC now owns 64,144 shares of the company’s stock valued at $1,872,000 after purchasing an additional 1,108 shares during the period.

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.