SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Large Volume Increase – Should You Buy?

Shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) saw an uptick in trading volume on Tuesday . 1,057,238 shares were traded during trading, a decline of 34% from the previous session’s volume of 1,590,475 shares.The stock last traded at $29.13 and had previously closed at $29.14.

SPDR Portfolio Short Term Treasury ETF Trading Down 0.1 %

The stock’s 50-day simple moving average is $29.28 and its 200 day simple moving average is $29.02.

Institutional Trading of SPDR Portfolio Short Term Treasury ETF

Several hedge funds have recently modified their holdings of SPTS. Fortitude Family Office LLC bought a new position in SPDR Portfolio Short Term Treasury ETF in the third quarter worth approximately $47,000. BOKF NA acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF during the second quarter worth approximately $59,000. Northwest Capital Management Inc lifted its holdings 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 purchasing an additional 1,700 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 132.6% in 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, Nemes Rush Group LLC grew its position in SPDR Portfolio Short Term Treasury ETF by 148.3% in the 2nd quarter. Nemes Rush Group LLC now owns 3,198 shares of the company’s stock valued at $92,000 after purchasing an additional 1,910 shares during the period.

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.