Mirae Asset Global Investments Increases Stake in SPDR Portfolio Short Term Treasury ETF

Mirae Asset Global Investments Co. Ltd. has increased its holdings in the SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS – Free Report) by 2.6% during the third quarter of the year, according to a recent filing with the Securities and Exchange Commission (SEC). After acquiring an additional 7,000 shares, the fund now owns a total of 280,000 shares of the ETF. This stake is valued at approximately $8,243,000, which represents about 0.19% of the total shares in SPDR Portfolio Short Term Treasury ETF.

In addition to Mirae Asset, several other large investors have recently made changes to their holdings in the ETF. For example, BOKF NA established a new position during the second quarter, investing around $59,000 in SPTS. Northwest Capital Management Inc. significantly increased its shares by 327.6% in the third quarter, now holding 2,219 shares worth approximately $65,000 after purchasing an additional 1,700 shares. Blue Trust Inc. also made notable investments, lifting their stake by 132.6% and currently owning 3,100 shares valued at about $89,000 following the acquisition of an extra 1,767 shares.

Furthermore, Nemes Rush Group LLC raised its position by 148.3% in the second quarter, resulting in ownership of 3,198 shares worth $92,000 after buying an additional 1,910 shares. Gleason Group Inc. entered the market with a new position valued at around $103,000 in the second quarter.

SPDR Portfolio Short Term Treasury ETF Stock Analysis

As of the latest stock data, SPDR Portfolio Short Term Treasury ETF opened at $29.14. Its 50-day moving average is approximately $29.28, while the 200-day moving average stands at $29.02. The ETF has experienced a low of $28.62 and a high of $29.46 within the past year, indicating a stable performance in a fluctuating market.

Overview of SPDR Portfolio Short Term Treasury ETF

The SPDR Portfolio Short Term Treasury ETF (SPTS) is designed to primarily invest in investment-grade fixed-income securities. The fund tracks a market-value-weighted index composed of U.S. Treasury securities with remaining maturities ranging from 1 to 3 years. The ETF was launched on November 30, 2011, and is managed by State Street, a well-known investment management firm.

Mirae, Investment, ETF