Spectrum Planning & Advisory Services Inc. Purchases New Shares in SPDR Portfolio Short Term Treasury ETF $SPTS

Spectrum Planning & Advisory Services Inc. acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 102,313 shares of the company’s stock, valued at approximately $2,933,000. SPDR Portfolio Short Term Treasury ETF accounts for approximately 1.2% of Spectrum Planning & Advisory Services Inc.’s portfolio, making the stock its 26th largest holding.

A number of other hedge funds have also modified their holdings of the business. Narwhal Capital Management acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 3rd quarter worth approximately $254,000. Guild Investment Management Inc. acquired a new stake in SPDR Portfolio Short Term Treasury ETF during the 3rd quarter valued at $3,813,000. Formidable Asset Management LLC grew its holdings in SPDR Portfolio Short Term Treasury ETF by 3.4% during the 3rd quarter. Formidable Asset Management LLC now owns 16,904 shares of the company’s stock valued at $490,000 after buying an additional 550 shares during the last quarter. Parallel Advisors LLC increased its position in SPDR Portfolio Short Term Treasury ETF by 89.2% during the third quarter. Parallel Advisors LLC now owns 15,045 shares of the company’s stock worth $431,000 after buying an additional 7,091 shares in the last quarter. Finally, Your Advocates Ltd. LLP increased its position in SPDR Portfolio Short Term Treasury ETF by 14.4% during the third quarter. Your Advocates Ltd. LLP now owns 4,457 shares of the company’s stock worth $128,000 after buying an additional 562 shares in the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Performance

SPDR Portfolio Short Term Treasury ETF stock opened at $28.69 on Thursday. SPDR Portfolio Short Term Treasury ETF has a fifty-two week low of $28.58 and a fifty-two week high of $29.40. The company has a market capitalization of $7.36 billion, a price-to-earnings ratio of -63.79 and a beta of 0.05. The stock has a fifty day moving average of $28.72 and a two-hundred day moving average of $28.99.

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.