Summit Global Investments Sells 22,909 Shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL)

Summit Global Investments lowered its stake in shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 16.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 117,077 shares of the company’s stock after selling 22,909 shares during the quarter. Summit Global Investments’ holdings in SPDR Portfolio Long Term Treasury ETF were worth $3,398,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in SPTL. Financial Engines Advisors L.L.C. boosted its position in SPDR Portfolio Long Term Treasury ETF by 8.3% during the third quarter. Financial Engines Advisors L.L.C. now owns 33,675,272 shares of the company’s stock valued at $880,608,000 after purchasing an additional 2,574,090 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio Long Term Treasury ETF by 36.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,901,345 shares of the company’s stock worth $154,320,000 after purchasing an additional 1,562,298 shares in the last quarter. Spinnaker Trust purchased a new stake in SPDR Portfolio Long Term Treasury ETF during the 4th quarter worth approximately $43,254,000. Advocacy Wealth Management Services LLC acquired a new position in SPDR Portfolio Long Term Treasury ETF during the 4th quarter valued at approximately $39,926,000. Finally, Liberty One Investment Management LLC purchased a new position in shares of SPDR Portfolio Long Term Treasury ETF in the fourth quarter worth $38,672,000.

SPDR Portfolio Long Term Treasury ETF Price Performance

Shares of SPTL traded up $0.25 during trading hours on Friday, reaching $26.65. 3,499,302 shares of the company traded hands, compared to its average volume of 4,420,832. The business has a fifty day moving average price of $27.20 and a 200-day moving average price of $27.31. SPDR Portfolio Long Term Treasury ETF has a 12-month low of $24.47 and a 12-month high of $31.00.

About SPDR Portfolio Long Term Treasury ETF

SPDR Barclays Long Term Treasury ETF (the Fund), formerly SPDR Barclays Capital Long Term Treasury ETF, seeks to provide investment results that corresponds to the price and yield performance of the Barclays Capital Long U.S. Treasury Index (the Index). The Index includes all publicly issued, United States treasury securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $250 million or more of outstanding face value.