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

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) shares hit a new 52-week low on Monday . The company traded as low as $28.20 and last traded at $28.22, with a volume of 566155 shares traded. The stock had previously closed at $28.22.

SPDR Portfolio Intermediate Term Treasury ETF Stock Up 0.1%

The stock’s fifty day moving average price is $28.59 and its 200-day moving average price is $28.79.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SPTI. Bank of America Corp DE raised its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 164.5% in 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 during the period. Financial Engines Advisors L.L.C. raised its holdings in 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 valued at $1,187,310,000 after acquiring an additional 5,444,992 shares during the period. State Street Corp lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 72.9% during the second quarter. State Street Corp now owns 5,724,495 shares of the company’s stock worth $164,694,000 after acquiring an additional 2,412,823 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of 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 acquiring an additional 1,719,493 shares during the period. Finally, AlphaQuest LLC increased its stake in shares of 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 worth $48,186,000 after purchasing 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.