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

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTIGet Free Report)’s share price hit a new 52-week low during trading on Monday . The company traded as low as $28.00 and last traded at $28.00, with a volume of 138939 shares. The stock had previously closed at $28.04.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

The business’s fifty day moving average price is $28.18 and its two-hundred day moving average price is $28.45.

Institutional Investors Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

Institutional investors have recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 73.3% in the 1st quarter. Jones Financial Companies Lllp now owns 28,098 shares of the company’s stock worth $803,000 after purchasing an additional 11,885 shares in the last quarter. Franklin Resources Inc. raised its stake in SPDR Portfolio Intermediate Term Treasury ETF by 54.4% in the second quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock valued at $37,000 after buying an additional 449 shares during the last quarter. Jump Financial LLC purchased a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the second quarter valued at about $1,445,000. Cerity Partners LLC boosted its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 95.7% in the second quarter. Cerity Partners LLC now owns 32,699 shares of the company’s stock worth $938,000 after acquiring an additional 15,992 shares in the last quarter. Finally, State Street Corp grew its stake in shares of 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.

SPDR Portfolio Intermediate Term Treasury ETF Company Profile

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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.

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