SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Hits New 52-Week Low – Should You Sell?

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $27.52 and last traded at $27.5850, with a volume of 2162201 shares changing hands. The stock had previously closed at $27.53.

SPDR Portfolio Intermediate Term Treasury ETF Stock Up 0.2%

The stock has a fifty day moving average price of $28.01 and a 200-day moving average price of $28.32.

Institutional Investors Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

A number of institutional investors have recently bought and sold shares of the business. 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 purchasing an additional 1,719,493 shares during the period. One Day In July LLC increased its stake in SPDR Portfolio Intermediate Term Treasury ETF by 10.1% in the 1st quarter. One Day In July LLC now owns 5,356,793 shares of the company’s stock valued at $153,526,000 after buying an additional 491,442 shares during the period. Kingsview Wealth Management LLC lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 11.3% in the 4th quarter. Kingsview Wealth Management LLC now owns 3,358,644 shares of the company’s stock worth $96,863,000 after buying an additional 342,131 shares in the last quarter. Assetmark Inc. lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 9.2% in the 1st quarter. Assetmark Inc. now owns 3,103,772 shares of the company’s stock worth $88,954,000 after buying an additional 260,437 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 7.2% during the 1st quarter. Cetera Investment Advisers now owns 2,063,334 shares of the company’s stock valued at $59,135,000 after buying an additional 138,588 shares during the period.

About SPDR Portfolio Intermediate Term Treasury ETF

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.