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

Shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $28.09 and last traded at $28.10, with a volume of 75403 shares. The stock had previously closed at $28.12.

SPDR Portfolio Intermediate Term Treasury ETF Trading Down 0.2%

The stock has a fifty day moving average of $28.27 and a 200-day moving average of $28.58.

Hedge Funds Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

Several institutional investors have recently bought and sold shares of the business. Elyxium Wealth LLC bought a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 4th quarter valued at about $27,000. Franklin Resources Inc. grew its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 54.4% in the 2nd quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after buying an additional 449 shares during the last quarter. Elevated Capital Advisors LLC bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 1st quarter worth approximately $37,000. Smartleaf Asset Management LLC bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 2nd quarter worth approximately $42,000. Finally, Tower Research Capital LLC TRC purchased a new stake in SPDR Portfolio Intermediate Term Treasury ETF during the second quarter valued at approximately $49,000.

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.