SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS – Get Free Report) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 664,113 shares, a decline of 49.7% from the June 15th total of 1,319,138 shares. Based on an average daily trading volume, of 1,610,070 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the company’s stock are sold short.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of SPTS. NewEdge Advisors LLC boosted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 76.2% in the 1st quarter. NewEdge Advisors LLC now owns 34,757 shares of the company’s stock valued at $1,016,000 after buying an additional 15,030 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in SPDR Portfolio Short Term Treasury ETF by 2,864.3% during the first quarter. Jones Financial Companies Lllp now owns 15,118 shares of the company’s stock worth $442,000 after buying an additional 14,608 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in SPDR Portfolio Short Term Treasury ETF by 129.0% during the first quarter. Goldman Sachs Group Inc. now owns 236,393 shares of the company’s stock worth $6,912,000 after buying an additional 133,182 shares during the last quarter. Jane Street Group LLC bought a new stake in SPDR Portfolio Short Term Treasury ETF during the first quarter worth $1,606,000. Finally, State Street Corp raised its position in SPDR Portfolio Short Term Treasury ETF by 3.3% during the second quarter. State Street Corp now owns 12,419,060 shares of the company’s stock worth $363,754,000 after acquiring an additional 400,533 shares in the last quarter.
SPDR Portfolio Short Term Treasury ETF Price Performance
NYSEARCA:SPTS traded up $0.01 on Friday, hitting $28.97. 551,440 shares of the company’s stock were exchanged, compared to its average volume of 1,721,708. The firm has a 50-day moving average price of $28.98 and a 200-day moving average price of $29.13. SPDR Portfolio Short Term Treasury ETF has a 52 week low of $28.89 and a 52 week high of $29.40. The company has a market cap of $6.09 billion, a P/E ratio of -64.42 and a beta of 0.05.
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.
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