Spectrum Planning & Advisory Services Inc. Decreases Stake in SPDR Portfolio Short Term Treasury ETF $SPTS

Spectrum Planning & Advisory Services Inc. cut its holdings in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 77.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,257 shares of the company’s stock after selling 25,406 shares during the period. Spectrum Planning & Advisory Services Inc.’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $212,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Municipal Employees Retirement System of Michigan lifted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 17.9% in the fourth quarter. Municipal Employees Retirement System of Michigan now owns 25,879,762 shares of the company’s stock worth $757,760,000 after acquiring an additional 3,937,024 shares in the last quarter. Quent Long Short Global Small Cap Fund LP acquired a new stake in SPDR Portfolio Short Term Treasury ETF during the 4th quarter valued at approximately $29,859,000. Modern Wealth Management LLC increased its holdings in SPDR Portfolio Short Term Treasury ETF by 74.9% during the 3rd quarter. Modern Wealth Management LLC now owns 1,745,879 shares of the company’s stock worth $51,189,000 after purchasing an additional 747,653 shares during the last quarter. Focus Partners Wealth increased its holdings in SPDR Portfolio Short Term Treasury ETF by 831.6% during the 4th quarter. Focus Partners Wealth now owns 700,462 shares of the company’s stock worth $20,510,000 after purchasing an additional 625,270 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its holdings in SPDR Portfolio Short Term Treasury ETF by 1,665.7% during the 4th quarter. Concurrent Investment Advisors LLC now owns 586,463 shares of the company’s stock worth $17,172,000 after purchasing an additional 553,249 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Price Performance

Shares of SPTS opened at $28.97 on Monday. The firm has a market cap of $6.01 billion, a price-to-earnings ratio of -64.42 and a beta of 0.05. The business’s 50 day moving average is $29.05 and its two-hundred day moving average is $29.18. SPDR Portfolio Short Term Treasury ETF has a 52-week low of $28.91 and a 52-week high of $29.40.

SPDR Portfolio Short Term Treasury ETF 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.