SPDR Portfolio Short Term Treasury ETF $SPTS Stock: Sowell Financial Services LLC Raises Stake

Sowell Financial Services LLC increased its stake in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 114.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 51,228 shares of the company’s stock after buying an additional 27,291 shares during the period. Sowell Financial Services LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $1,469,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State Street Corp grew its position in SPDR Portfolio Short Term Treasury ETF by 9.0% in the 2nd quarter. State Street Corp now owns 13,899,161 shares of the company’s stock worth $403,215,000 after purchasing an additional 1,149,612 shares during the period. Proficio Capital Partners LLC lifted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 376.4% during the 2nd quarter. Proficio Capital Partners LLC now owns 6,991,445 shares of the company’s stock valued at $202,822,000 after buying an additional 5,523,850 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 6.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,091,698 shares of the company’s stock worth $176,720,000 after buying an additional 371,785 shares during the last quarter. Members Trust Co boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 7.2% in the 1st quarter. Members Trust Co now owns 3,770,589 shares of the company’s stock worth $110,026,000 after buying an additional 251,965 shares during the last quarter. Finally, Financial Solutions Advisory Group Inc. bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the first quarter worth $103,133,000.

SPDR Portfolio Short Term Treasury ETF Price Performance

Shares of SPTS opened at $28.78 on Friday. The firm has a market capitalization of $7.26 billion, a P/E ratio of -63.99 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a one year low of $28.58 and a one year high of $29.40. The business has a fifty day moving average of $28.77 and a 200 day moving average of $28.92.

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.