SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Reaches New 12-Month Low – Here’s Why

Shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) hit a new 52-week low during trading on Thursday. The company traded as low as $28.58 and last traded at $28.5850, with a volume of 50813 shares trading hands. The stock had previously closed at $28.67.

SPDR Portfolio Short Term Treasury ETF Trading Down 0.2%

The company has a market capitalization of $7.42 billion, a P/E ratio of -63.61 and a beta of 0.05. The company’s fifty day moving average is $28.85 and its 200 day moving average is $28.97.

Hedge Funds Weigh In On SPDR Portfolio Short Term Treasury ETF

Large investors have recently made changes to their positions in the stock. Winch Advisory Services LLC raised its stake in shares of SPDR Portfolio Short Term Treasury ETF by 1.6% during the 1st quarter. Winch Advisory Services LLC now owns 25,667 shares of the company’s stock valued at $749,000 after purchasing an additional 410 shares during the period. Clearstead Advisors LLC lifted its holdings in SPDR Portfolio Short Term Treasury ETF by 103.6% during the 4th quarter. Clearstead Advisors LLC now owns 837 shares of the company’s stock worth $25,000 after purchasing an additional 426 shares in the last quarter. XY Planning Network Inc. boosted its stake in SPDR Portfolio Short Term Treasury ETF by 1.9% in the 2nd quarter. XY Planning Network Inc. now owns 28,884 shares of the company’s stock worth $838,000 after purchasing an additional 536 shares during the period. Brown Financial Advisors boosted its stake in SPDR Portfolio Short Term Treasury ETF by 2.8% in the 2nd quarter. Brown Financial Advisors now owns 19,921 shares of the company’s stock worth $578,000 after purchasing an additional 539 shares during the period. Finally, Paladin Wealth LLC grew its holdings in SPDR Portfolio Short Term Treasury ETF by 2.9% during the 1st quarter. Paladin Wealth LLC now owns 23,292 shares of the company’s stock valued at $680,000 after buying an additional 657 shares in the last quarter.

SPDR Portfolio Short Term Treasury ETF Company Profile

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.