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

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as $28.20 and last traded at $28.22, with a volume of 566155 shares. The stock had previously closed at $28.22.

SPDR Portfolio Intermediate Term Treasury ETF Trading Down 0.1%

The company has a fifty day moving average of $28.61 and a 200-day moving average of $28.80.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SPTI. Bank of America Corp DE increased its stake in SPDR Portfolio Intermediate Term Treasury ETF by 164.5% in the 2nd quarter. Bank of America Corp DE now owns 18,216,837 shares of the company’s stock valued at $524,098,000 after buying an additional 11,328,620 shares during the last quarter. Financial Engines Advisors L.L.C. boosted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 15.3% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 41,083,396 shares of the company’s stock worth $1,187,310,000 after buying an additional 5,444,992 shares during the last quarter. State Street Corp grew its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 72.9% in the second quarter. State Street Corp now owns 5,724,495 shares of the company’s stock valued at $164,694,000 after acquiring an additional 2,412,823 shares in the last quarter. LPL Financial LLC grew its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 3.7% in the fourth quarter. LPL Financial LLC now owns 48,812,099 shares of the company’s stock valued at $1,407,741,000 after acquiring an additional 1,719,493 shares in the last quarter. Finally, AlphaQuest LLC increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 643.7% during the fourth quarter. AlphaQuest LLC now owns 1,670,793 shares of the company’s stock valued at $48,186,000 after acquiring an additional 1,446,130 shares during 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.