SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Hits New 52-Week Low – What’s Next?

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) shares reached a new 52-week low on Friday . The company traded as low as $28.92 and last traded at $28.92, with a volume of 249066 shares trading hands. The stock had previously closed at $28.97.

SPDR Portfolio Short Term Treasury ETF Trading Down 0.1%

The business’s 50 day moving average is $29.08 and its two-hundred day moving average is $29.20. The company has a market cap of $6.00 billion, a PE ratio of -64.33 and a beta of 0.05.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Municipal Employees Retirement System of Michigan lifted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 17.9% during the 4th quarter. Municipal Employees Retirement System of Michigan now owns 25,879,762 shares of the company’s stock valued at $757,760,000 after buying an additional 3,937,024 shares in the last quarter. State Street Corp lifted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 3.9% during the 4th quarter. State Street Corp now owns 13,321,666 shares of the company’s stock valued at $390,058,000 after buying an additional 498,279 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 0.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,539,655 shares of the company’s stock valued at $162,423,000 after buying an additional 23,320 shares in the last quarter. Members Trust Co lifted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 7.2% during the 1st quarter. Members Trust Co now owns 3,770,589 shares of the company’s stock valued at $110,026,000 after buying an additional 251,965 shares in the last quarter. Finally, Financial Solutions Advisory Group Inc. purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 1st quarter valued at $103,133,000.

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.