SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Unusually-High Trading Volume

Shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) saw unusually-strong trading volume on Wednesday . Approximately 14,563,380 shares changed hands during mid-day trading, an increase of 857% from the previous session’s volume of 1,521,351 shares.The stock last traded at $28.74 and had previously closed at $28.76.

SPDR Portfolio Short Term Treasury ETF Price Performance

The business has a fifty day moving average of $28.84 and a 200 day moving average of $28.88.

Institutional Investors Weigh In On SPDR Portfolio Short Term Treasury ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Financial Gravity Asset Management Inc. increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 941.0% in the third quarter. Financial Gravity Asset Management Inc. now owns 531,654 shares of the company’s stock worth $14,262,000 after acquiring an additional 480,584 shares in the last quarter. Manning & Napier Group LLC increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 0.8% in the fourth quarter. Manning & Napier Group LLC now owns 311,697 shares of the company’s stock worth $9,055,000 after acquiring an additional 2,556 shares in the last quarter. Headinvest LLC bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the third quarter worth about $144,000. Western Wealth Management LLC increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 3.6% in the third quarter. Western Wealth Management LLC now owns 34,583 shares of the company’s stock worth $993,000 after acquiring an additional 1,201 shares in the last quarter. Finally, CWM LLC increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 51.8% in the fourth quarter. CWM LLC now owns 1,726,137 shares of the company’s stock worth $50,144,000 after acquiring an additional 588,981 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.