Downshift Financial LLC Invests $887,000 in SPDR Portfolio Short Term Treasury ETF $SPTS

Downshift Financial LLC bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 30,315 shares of the company’s stock, valued at approximately $887,000. SPDR Portfolio Short Term Treasury ETF comprises approximately 0.5% of Downshift Financial LLC’s portfolio, making the stock its 24th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPTS. Municipal Employees Retirement System of Michigan raised its stake in SPDR Portfolio Short Term Treasury ETF by 17.9% during 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 purchasing an additional 3,937,024 shares in the last quarter. State Street Corp grew its stake in shares of SPDR Portfolio Short Term Treasury ETF by 3.9% in the 4th quarter. State Street Corp now owns 13,321,666 shares of the company’s stock worth $390,058,000 after buying an additional 498,279 shares in the last quarter. Members Trust Co grew its stake in shares of SPDR Portfolio Short Term Treasury ETF by 2.0% in the 4th quarter. Members Trust Co now owns 3,518,624 shares of the company’s stock worth $103,025,000 after buying an additional 68,056 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 9.6% in the 4th quarter. Cerity Partners LLC now owns 3,048,181 shares of the company’s stock worth $89,251,000 after buying an additional 266,521 shares during the last quarter. Finally, Evermay Wealth Management LLC increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 5.8% in the 4th quarter. Evermay Wealth Management LLC now owns 2,721,333 shares of the company’s stock worth $79,681,000 after buying an additional 149,931 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Performance

Shares of NYSEARCA SPTS opened at $28.97 on Friday. SPDR Portfolio Short Term Treasury ETF has a 12-month low of $28.91 and a 12-month high of $29.40. The firm’s 50-day moving average price is $29.05 and its 200-day moving average price is $29.18. The stock has a market capitalization of $6.01 billion, a price-to-earnings ratio of -64.42 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF 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.