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

Shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) saw an uptick in trading volume on Thursday . 971,308 shares traded hands during mid-day 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 cap of $6.12 billion, a P/E ratio of -64.42 and a beta of 0.05. The firm’s 50 day moving average is $28.95 and its 200 day moving average is $29.08.

Hedge Funds Weigh In On SPDR Portfolio Short Term Treasury ETF

A number of large investors have recently made changes to their positions in the business. NewEdge Advisors LLC boosted its position 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 worth $1,016,000 after purchasing an additional 15,030 shares in the last quarter. Jones Financial Companies Lllp increased its position in SPDR Portfolio Short Term Treasury ETF by 2,864.3% during the 1st quarter. Jones Financial Companies Lllp now owns 15,118 shares of the company’s stock valued at $442,000 after buying an additional 14,608 shares in the last quarter. Goldman Sachs Group Inc. increased its position in SPDR Portfolio Short Term Treasury ETF by 129.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 236,393 shares of the company’s stock valued at $6,912,000 after buying an additional 133,182 shares in the last quarter. Jane Street Group LLC purchased a new stake in SPDR Portfolio Short Term Treasury ETF in the first quarter valued at about $1,606,000. Finally, State Street Corp raised its stake in SPDR Portfolio Short Term Treasury ETF by 3.3% in the second quarter. State Street Corp now owns 12,419,060 shares of the company’s stock valued at $363,754,000 after buying an additional 400,533 shares during the last quarter.

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.