Triton Financial Group Inc Purchases New Shares in SPDR Portfolio Short Term Treasury ETF $SPTS

Triton Financial Group Inc purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 16,635 shares of the company’s stock, valued at approximately $487,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Municipal Employees Retirement System of Michigan grew its stake in shares of SPDR Portfolio Short Term Treasury ETF by 0.6% during the first quarter. Municipal Employees Retirement System of Michigan now owns 21,929,077 shares of the company’s stock valued at $641,206,000 after acquiring an additional 126,031 shares in the last quarter. LPL Financial LLC boosted its holdings in SPDR Portfolio Short Term Treasury ETF by 16.7% in the first quarter. LPL Financial LLC now owns 7,481,610 shares of the company’s stock valued at $218,762,000 after purchasing an additional 1,071,879 shares during the last quarter. Merit Financial Group LLC grew its stake in SPDR Portfolio Short Term Treasury ETF by 64.9% during the 2nd quarter. Merit Financial Group LLC now owns 5,166,476 shares of the company’s stock valued at $151,326,000 after purchasing an additional 2,034,138 shares in the last quarter. GLOBALT Investments LLC GA grew its stake in SPDR Portfolio Short Term Treasury ETF by 0.3% during the 1st quarter. GLOBALT Investments LLC GA now owns 4,139,060 shares of the company’s stock valued at $121,026,000 after purchasing an additional 13,875 shares in the last quarter. Finally, Members Trust Co purchased a new stake in SPDR Portfolio Short Term Treasury ETF during the 1st quarter worth approximately $67,742,000.

SPDR Portfolio Short Term Treasury ETF Stock Down 0.0%

Shares of SPTS opened at $29.36 on Tuesday. The firm has a market cap of $5.82 billion, a price-to-earnings ratio of -65.28 and a beta of 0.01. The business’s 50 day moving average is $29.29 and its two-hundred day moving average is $29.22. SPDR Portfolio Short Term Treasury ETF has a 52-week low of $28.88 and a 52-week high of $29.39.

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.