Private Wealth Group LLC Acquires 118,761 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS

Private Wealth Group LLC boosted its holdings in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 27.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 549,817 shares of the company’s stock after acquiring an additional 118,761 shares during the period. SPDR Portfolio Short Term Treasury ETF accounts for approximately 6.2% of Private Wealth Group LLC’s investment portfolio, making the stock its 3rd biggest position. Private Wealth Group LLC owned about 0.26% of SPDR Portfolio Short Term Treasury ETF worth $15,950,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Vavra Capital Management LLC purchased a new stake in SPDR Portfolio Short Term Treasury ETF in the 4th quarter valued at $1,243,000. PNC Financial Services Group Inc. increased its stake in shares of SPDR Portfolio Short Term Treasury ETF by 14.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 364,566 shares of the company’s stock worth $10,675,000 after acquiring an additional 44,901 shares during the last quarter. Diligent Investors LLC purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 4th quarter worth $1,171,000. Strategic Financial Concepts LLC purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 4th quarter worth $2,832,000. Finally, WorthPointe LLC raised its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 426.5% during the 4th quarter. WorthPointe LLC now owns 536,887 shares of the company’s stock worth $15,720,000 after acquiring an additional 434,911 shares during the period.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.1%

Shares of SPTS stock opened at $28.92 on Friday. SPDR Portfolio Short Term Treasury ETF has a twelve month low of $28.87 and a twelve month high of $29.40. The company’s 50-day moving average price is $28.95 and its 200-day moving average price is $29.10. The stock has a market cap of $6.11 billion, a price-to-earnings ratio of -64.31 and a beta of 0.05.

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.