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

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) shares saw an uptick in trading volume on Thursday . 971,308 shares were traded during trading, a decline of 40% from the previous session’s volume of 1,616,805 shares.The stock last traded at $28.96 and had previously closed at $28.97.

SPDR Portfolio Short Term Treasury ETF Stock Performance

The stock has a market capitalization of $6.12 billion, a PE ratio of -64.42 and a beta of 0.05. The company’s 50-day moving average is $28.95 and its 200 day moving average is $29.08.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Dagco Inc. raised its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 6.0% in the second quarter. Dagco Inc. now owns 1,838,753 shares of the company’s stock worth $53,342,000 after buying an additional 104,178 shares during the last quarter. Fiduciary Financial Group LLC lifted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 55.4% during the second quarter. Fiduciary Financial Group LLC now owns 74,173 shares of the company’s stock worth $2,152,000 after buying an additional 26,428 shares during the period. Wealthcare Advisory Partners LLC grew its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 2.8% during the second quarter. Wealthcare Advisory Partners LLC now owns 52,985 shares of the company’s stock valued at $1,537,000 after buying an additional 1,443 shares during the last quarter. Paladin Wealth LLC grew its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 11.2% during the second quarter. Paladin Wealth LLC now owns 25,896 shares of the company’s stock valued at $751,000 after buying an additional 2,604 shares during the last quarter. Finally, Tactive Advisors LLC increased its position in shares of SPDR Portfolio Short Term Treasury ETF by 2.0% in the 2nd quarter. Tactive Advisors LLC now owns 65,413 shares of the company’s stock valued at $1,898,000 after acquiring an additional 1,269 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.