SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Large Volume Increase

Shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) saw strong trading volume on Friday . 492,733 shares changed hands during trading, a decline of 68% from the previous session’s volume of 1,522,328 shares.The stock last traded at $28.90 and had previously closed at $28.87.

SPDR Portfolio Short Term Treasury ETF Stock Performance

The business has a 50-day simple moving average of $28.79 and a 200-day simple moving average of $28.89.

Institutional Investors Weigh In On SPDR Portfolio Short Term Treasury ETF

A number of large investors have recently added to or reduced their stakes in SPTS. Harbor Investment Advisory LLC acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth approximately $31,000. Pinnacle Bancorp Inc. acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth approximately $36,000. Richardson Financial Services Inc. acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth approximately $53,000. EverSource Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth approximately $59,000. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 94.4% during the third quarter. PNC Financial Services Group Inc. now owns 2,566 shares of the company’s stock worth $74,000 after buying an additional 1,246 shares during the last quarter.

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.