SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Hits New 1-Year Low – What’s Next?

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $27.59 and last traded at $27.58, with a volume of 1982794 shares traded. The stock had previously closed at $27.61.

SPDR Portfolio Intermediate Term Treasury ETF Trading Down 0.1%

The business has a fifty day simple moving average of $28.07 and a two-hundred day simple moving average of $28.37.

Hedge Funds Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

Several institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC raised its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 108.0% in the second quarter. Integrated Wealth Concepts LLC now owns 1,054,763 shares of the company’s stock worth $29,945,000 after acquiring an additional 547,584 shares during the period. NewEdge Advisors LLC increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 2.4% during the second quarter. NewEdge Advisors LLC now owns 68,971 shares of the company’s stock worth $1,958,000 after purchasing an additional 1,586 shares in the last quarter. IFP Advisors Inc lifted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 166.7% in the 2nd quarter. IFP Advisors Inc now owns 179,956 shares of the company’s stock worth $5,109,000 after purchasing an additional 112,481 shares in the last quarter. Baird Financial Group Inc. grew its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 49.1% in the second quarter. Baird Financial Group Inc. now owns 161,076 shares of the company’s stock valued at $4,573,000 after purchasing an additional 53,032 shares in the last quarter. Finally, XY Planning Network Inc. grew its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 10.8% in the second quarter. XY Planning Network Inc. now owns 251,997 shares of the company’s stock valued at $7,154,000 after purchasing an additional 24,574 shares in 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.