SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Hits New 12-Month Low – Here’s What Happened

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as $28.09 and last traded at $28.10, with a volume of 75403 shares traded. The stock had previously closed at $28.12.

SPDR Portfolio Intermediate Term Treasury ETF Stock Down 0.1%

The stock’s 50 day simple moving average is $28.28 and its two-hundred day simple moving average is $28.59.

Institutional Investors Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

A number of hedge funds have recently modified their holdings of the company. LPL Financial LLC raised its stake in SPDR Portfolio Intermediate Term Treasury ETF by 3.7% during the fourth quarter. LPL Financial LLC now owns 48,812,099 shares of the company’s stock worth $1,407,741,000 after purchasing an additional 1,719,493 shares during the period. Financial Engines Advisors L.L.C. lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 7.3% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 44,094,271 shares of the company’s stock valued at $1,271,679,000 after buying an additional 3,010,875 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 3.9% during the fourth quarter. Municipal Employees Retirement System of Michigan now owns 37,247,174 shares of the company’s stock worth $1,074,208,000 after buying an additional 1,385,521 shares during the period. Bank of America Corp DE boosted its stake in 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 worth $524,098,000 after buying an additional 11,328,620 shares during the period. Finally, Mather Group LLC. increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 5.5% during the fourth quarter. Mather Group LLC. now owns 11,316,901 shares of the company’s stock valued at $326,379,000 after acquiring an additional 587,744 shares during the last quarter.

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.