SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Unusually-High Trading Volume – What’s Next?

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) shares saw unusually-high trading volume on Tuesday . Approximately 3,312,129 shares changed hands during trading, an increase of 115% from the previous session’s volume of 1,538,187 shares.The stock last traded at $29.14 and had previously closed at $29.12.

SPDR Portfolio Short Term Treasury ETF Stock Performance

The business has a fifty day moving average of $29.05 and a two-hundred day moving average of $29.11.

Institutional Trading of SPDR Portfolio Short Term Treasury ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. BankPlus Trust Department bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth about $34,000. Wingate Wealth Advisors Inc. purchased a new position in SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth about $38,000. Ameriflex Group Inc. purchased a new position in SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth about $38,000. EverSource Wealth Advisors LLC boosted its holdings in SPDR Portfolio Short Term Treasury ETF by 35.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,738 shares of the company’s stock worth $79,000 after purchasing an additional 715 shares during the last quarter. Finally, Stonebridge Financial Group LLC purchased a new position in SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth about $106,000.

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.