SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Hits New 52-Week Low – What’s Next?

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as $27.84 and last traded at $27.8650, with a volume of 934036 shares changing hands. The stock had previously closed at $27.90.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

The business’s 50-day simple moving average is $28.12 and its 200-day simple moving average is $28.41.

Institutional Investors Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

Large investors have recently made changes to their positions in the business. Bank of America Corp DE lifted its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 164.5% during the second quarter. Bank of America Corp DE now owns 18,216,837 shares of the company’s stock valued at $524,098,000 after purchasing an additional 11,328,620 shares in the last quarter. Financial Engines Advisors L.L.C. increased its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 15.3% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 41,083,396 shares of the company’s stock worth $1,187,310,000 after purchasing an additional 5,444,992 shares in the last quarter. State Street Corp raised its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 72.9% in the second quarter. State Street Corp now owns 5,724,495 shares of the company’s stock worth $164,694,000 after buying an additional 2,412,823 shares during the period. LPL Financial LLC raised its stake in SPDR Portfolio Intermediate Term Treasury ETF by 3.7% during the 4th quarter. LPL Financial LLC now owns 48,812,099 shares of the company’s stock worth $1,407,741,000 after acquiring an additional 1,719,493 shares during the period. Finally, AlphaQuest LLC raised its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 643.7% during the fourth quarter. AlphaQuest LLC now owns 1,670,793 shares of the company’s stock valued at $48,186,000 after acquiring an additional 1,446,130 shares during the period.

SPDR Portfolio Intermediate Term Treasury ETF Company Profile

The SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of US Treasurys with remaining maturities between 3-10 years. SPTI was launched on May 23, 2007 and is managed by State Street.