SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) shares crossed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $27.53 and traded as low as $27.41. SPDR Portfolio Intermediate Term Treasury ETF shares last traded at $27.42, with a volume of 6,988,571 shares traded.

SPDR Portfolio Intermediate Term Treasury ETF Trading Down 0.5%

The firm has a 50-day simple moving average of $27.53 and a 200-day simple moving average of $28.23.

Hedge Funds Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

A number of large investors have recently made changes to their positions in SPTI. Ferguson Wellman Capital Management Inc. acquired a new position in SPDR Portfolio Intermediate Term Treasury ETF during the 2nd quarter valued at about $209,000. Dogwood Wealth Management LLC lifted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 280.4% during the 3rd quarter. Dogwood Wealth Management LLC now owns 1,050 shares of the company’s stock valued at $29,000 after acquiring an additional 774 shares during the period. GK Wealth Management LLC purchased a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the third quarter valued at $31,000. Triumph Capital Management boosted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 771.9% in the third quarter. Triumph Capital Management now owns 2,354 shares of the company’s stock worth $64,000 after buying an additional 2,084 shares during the last quarter. Finally, Balance Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 3rd quarter worth approximately $73,000.

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.