SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Hits New 12-Month Low – Should You Sell?

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS)’s stock price hit a new 52-week low on Monday . The company traded as low as $28.87 and last traded at $28.88, with a volume of 38024 shares trading hands. The stock had previously closed at $28.95.

SPDR Portfolio Short Term Treasury ETF Stock Up 0.1%

The stock has a market cap of $6.11 billion, a price-to-earnings ratio of -64.26 and a beta of 0.05. The stock’s fifty day moving average is $28.96 and its 200-day moving average is $29.10.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Evermay Wealth Management LLC lifted its stake in SPDR Portfolio Short Term Treasury ETF by 5.8% in the fourth quarter. Evermay Wealth Management LLC now owns 2,721,333 shares of the company’s stock valued at $79,681,000 after buying an additional 149,931 shares in the last quarter. Vavra Capital Management LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth $1,243,000. PNC Financial Services Group Inc. raised its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 14.0% during the fourth 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 period. Diligent Investors LLC bought a new stake in SPDR Portfolio Short Term Treasury ETF in the 4th quarter valued at $1,171,000. Finally, Strategic Financial Concepts LLC bought a new stake in SPDR Portfolio Short Term Treasury ETF in the 4th quarter valued at $2,832,000.

SPDR Portfolio Short Term Treasury ETF Company Profile

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.