Zinnia Wealth Advisory LLC Takes Position in SPDR Portfolio Short Term Treasury ETF $SPTS

Zinnia Wealth Advisory LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 109,516 shares of the company’s stock, valued at approximately $3,207,000. SPDR Portfolio Short Term Treasury ETF makes up approximately 3.5% of Zinnia Wealth Advisory LLC’s holdings, making the stock its 7th largest holding.

Other hedge funds have also added to or reduced their stakes in the company. Municipal Employees Retirement System of Michigan grew its stake in SPDR Portfolio Short Term Treasury ETF by 17.9% in the fourth quarter. Municipal Employees Retirement System of Michigan now owns 25,879,762 shares of the company’s stock valued at $757,760,000 after acquiring an additional 3,937,024 shares during the period. Quent Long Short Global Small Cap Fund LP bought a new stake in SPDR Portfolio Short Term Treasury ETF during the 4th quarter worth approximately $29,859,000. Modern Wealth Management LLC raised its holdings in SPDR Portfolio Short Term Treasury ETF by 74.9% during the 3rd quarter. Modern Wealth Management LLC now owns 1,745,879 shares of the company’s stock worth $51,189,000 after buying an additional 747,653 shares during the period. Focus Partners Wealth raised its holdings in SPDR Portfolio Short Term Treasury ETF by 831.6% during the 4th quarter. Focus Partners Wealth now owns 700,462 shares of the company’s stock worth $20,510,000 after buying an additional 625,270 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its stake in SPDR Portfolio Short Term Treasury ETF by 1,665.7% in the fourth quarter. Concurrent Investment Advisors LLC now owns 586,463 shares of the company’s stock valued at $17,172,000 after buying an additional 553,249 shares in the last quarter.

SPDR Portfolio Short Term Treasury ETF Price Performance

SPDR Portfolio Short Term Treasury ETF stock opened at $28.98 on Monday. The company has a 50 day moving average of $29.06 and a 200-day moving average of $29.19. SPDR Portfolio Short Term Treasury ETF has a twelve month low of $28.91 and a twelve month high of $29.40. The stock has a market capitalization of $6.01 billion, a PE ratio of -64.44 and a beta of 0.05.

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.