SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sets New 52-Week Low – Should You Sell?

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTSGet Free Report) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $28.71 and last traded at $28.6950, with a volume of 2744782 shares. The stock had previously closed at $28.72.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.1%

The stock has a 50-day simple moving average of $28.90 and a two-hundred day simple moving average of $29.01. The firm has a market capitalization of $7.19 billion, a P/E ratio of -63.88 and a beta of 0.05.

Institutional Trading of SPDR Portfolio Short Term Treasury ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC raised its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 4.8% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 315,007 shares of the company’s stock valued at $9,138,000 after purchasing an additional 14,503 shares in the last quarter. XY Planning Network Inc. boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 1.9% during the second quarter. XY Planning Network Inc. now owns 28,884 shares of the company’s stock valued at $838,000 after purchasing an additional 536 shares in the last quarter. Waverly Advisors LLC boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 4.5% during the second quarter. Waverly Advisors LLC now owns 257,034 shares of the company’s stock valued at $7,457,000 after purchasing an additional 11,043 shares in the last quarter. Allianz Asset Management GmbH purchased a new position in SPDR Portfolio Short Term Treasury ETF during the second quarter valued at approximately $46,000. Finally, Brown Financial Advisors increased its holdings in SPDR Portfolio Short Term Treasury ETF by 2.8% during the second quarter. Brown Financial Advisors now owns 19,921 shares of the company’s stock valued at $578,000 after buying an additional 539 shares during the period.

SPDR Portfolio Short Term Treasury ETF Company Profile

(Get Free Report)

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.

Further Reading

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