Castleark Management LLC Acquires 726,290 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS

Castleark Management LLC raised its stake in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 119.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,334,080 shares of the company’s stock after buying an additional 726,290 shares during the period. SPDR Portfolio Short Term Treasury ETF makes up about 1.2% of Castleark Management LLC’s investment portfolio, making the stock its 19th biggest position. Castleark Management LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $39,075,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Tower Research Capital LLC TRC purchased a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the 2nd quarter worth approximately $1,796,000. Orion Porfolio Solutions LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF in the second quarter worth about $2,098,000. MML Investors Services LLC grew its position in SPDR Portfolio Short Term Treasury ETF by 10.0% during the 2nd quarter. MML Investors Services LLC now owns 262,057 shares of the company’s stock worth $7,676,000 after purchasing an additional 23,774 shares during the last quarter. Modern Wealth Management LLC raised its stake in SPDR Portfolio Short Term Treasury ETF by 174.7% in the 2nd quarter. Modern Wealth Management LLC now owns 996,838 shares of the company’s stock worth $29,197,000 after acquiring an additional 633,977 shares during the last quarter. Finally, IHT Wealth Management LLC lifted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 41.5% during the second quarter. IHT Wealth Management LLC now owns 81,298 shares of the company’s stock worth $2,381,000 after purchasing an additional 23,829 shares during the period.

SPDR Portfolio Short Term Treasury ETF Price Performance

SPTS stock opened at $29.29 on Friday. The firm’s fifty day simple moving average is $29.31 and its 200-day simple moving average is $29.25. The company has a market capitalization of $5.78 billion, a P/E ratio of -65.13 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a 12 month low of $28.88 and a 12 month high of $29.39.

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.