SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Hits New 1-Year Low – Time to Sell?

Shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTIGet Free Report) reached 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 traded. The stock had previously closed at $28.04.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

The stock’s 50 day simple moving average is $28.18 and its 200-day simple moving average is $28.45.

Institutional Trading of SPDR Portfolio Intermediate Term Treasury ETF

Several large investors have recently added to or reduced their stakes in the company. 3EDGE Asset Management LP lifted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 95.8% in the fourth quarter. 3EDGE Asset Management LP now owns 1,066,465 shares of the company’s stock worth $30,810,000 after buying an additional 521,853 shares in the last quarter. Tennessee Valley Asset Management Partners purchased a new stake in SPDR Portfolio Intermediate Term Treasury ETF during the 4th quarter valued at about $518,000. Plus Group Wealth Advisors LLC purchased a new stake in SPDR Portfolio Intermediate Term Treasury ETF during the 4th quarter valued at about $2,544,000. Impact Partnership Wealth LLC raised its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 6.7% in the 1st quarter. Impact Partnership Wealth LLC now owns 868,583 shares of the company’s stock valued at $24,894,000 after acquiring an additional 54,167 shares during the last quarter. Finally, Capital Wealth Management LLC purchased a new position in SPDR Portfolio Intermediate Term Treasury ETF in the 1st quarter worth approximately $2,309,000.

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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