Janney Montgomery Scott LLC Invests $1.25 Million in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS)

Janney Montgomery Scott LLC purchased a new position in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 42,684 shares of the company’s stock, valued at approximately $1,248,000.

A number of other institutional investors have also bought and sold shares of the business. Municipal Employees Retirement System of Michigan increased its stake in SPDR Portfolio Short Term Treasury ETF by 0.4% in the 4th quarter. Municipal Employees Retirement System of Michigan now owns 21,803,046 shares of the company’s stock worth $632,507,000 after buying an additional 91,374 shares in the last quarter. Ameriprise Financial Inc. increased its stake in SPDR Portfolio Short Term Treasury ETF by 15.7% in the 4th quarter. Ameriprise Financial Inc. now owns 10,090,385 shares of the company’s stock worth $292,725,000 after buying an additional 1,367,968 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 0.9% during the 4th quarter. LPL Financial LLC now owns 6,409,731 shares of the company’s stock valued at $185,946,000 after purchasing an additional 59,282 shares during the last quarter. Merit Financial Group LLC boosted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 16.4% during the 1st quarter. Merit Financial Group LLC now owns 3,132,338 shares of the company’s stock valued at $91,590,000 after purchasing an additional 440,229 shares during the last quarter. Finally, Cerity Partners LLC boosted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 2.0% during the 4th quarter. Cerity Partners LLC now owns 2,914,528 shares of the company’s stock valued at $84,550,000 after purchasing an additional 57,604 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Down 0.1%

SPTS opened at $29.27 on Friday. The firm has a 50-day simple moving average of $29.18 and a two-hundred day simple moving average of $29.11. SPDR Portfolio Short Term Treasury ETF has a 52 week low of $28.74 and a 52 week high of $29.46. The company has a market capitalization of $5.76 billion, a PE ratio of -65.08 and a beta of 0.01.

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.