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

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) shares saw unusually-strong trading volume on Wednesday . Approximately 4,590,222 shares changed hands during trading, an increase of 197% from the previous session’s volume of 1,547,658 shares.The stock last traded at $29.08 and had previously closed at $29.05.

SPDR Portfolio Short Term Treasury ETF Stock Performance

The stock has a fifty day moving average price of $29.15 and a 200 day moving average price of $29.06.

Institutional Trading of SPDR Portfolio Short Term Treasury ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fortitude Family Office LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF in the 3rd quarter valued at approximately $47,000. BOKF NA acquired a new stake in SPDR Portfolio Short Term Treasury ETF in the 2nd quarter valued at approximately $59,000. Northwest Capital Management Inc lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 327.6% in the 3rd quarter. Northwest Capital Management Inc now owns 2,219 shares of the company’s stock worth $65,000 after acquiring an additional 1,700 shares during the period. Blue Trust Inc. grew its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 132.6% during the 3rd quarter. Blue Trust Inc. now owns 3,100 shares of the company’s stock worth $89,000 after purchasing an additional 1,767 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the third quarter valued at approximately $91,000.

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.