Quent Long Short Global Small Cap Fund LP Makes New $29.86 Million Investment in SPDR Portfolio Short Term Treasury ETF $SPTS

Quent Long Short Global Small Cap Fund LP purchased a new stake in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) during the 4th quarter, Holdings Channel reports. The fund purchased 1,019,790 shares of the company’s stock, valued at approximately $29,859,000. SPDR Portfolio Short Term Treasury ETF comprises 2.4% of Quent Long Short Global Small Cap Fund LP’s investment portfolio, making the stock its 9th biggest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tripletail Wealth Management LLC bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the third quarter worth approximately $25,000. Addison Advisors LLC raised its position in shares of SPDR Portfolio Short Term Treasury ETF by 450.0% during the 3rd quarter. Addison Advisors LLC now owns 858 shares of the company’s stock valued at $25,000 after acquiring an additional 702 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF in the 3rd quarter valued at $41,000. Pinnacle Bancorp Inc. boosted its position in shares of SPDR Portfolio Short Term Treasury ETF by 57.5% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,709 shares of the company’s stock worth $50,000 after purchasing an additional 624 shares during the last quarter. Finally, Versant Capital Management Inc acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the third quarter worth $51,000.

SPDR Portfolio Short Term Treasury ETF Trading Down 0.0%

NYSEARCA:SPTS opened at $29.15 on Friday. SPDR Portfolio Short Term Treasury ETF has a 1-year low of $29.05 and a 1-year high of $29.40. The firm has a market capitalization of $6.17 billion, a price-to-earnings ratio of -64.82 and a beta of 0.05. The business’s 50-day moving average price is $29.19 and its two-hundred day moving average price is $29.26.

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.