SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Sees Strong Trading Volume – Here’s Why

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTIGet Free Report) saw an uptick in trading volume on Wednesday . 3,498,331 shares traded hands during trading, an increase of 40% from the previous session’s volume of 2,504,571 shares.The stock last traded at $28.42 and had previously closed at $28.45.

SPDR Portfolio Intermediate Term Treasury ETF Trading Down 0.3 %

The business has a fifty day simple moving average of $27.99 and a 200 day simple moving average of $28.35.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Minot DeBlois Advisors LLC purchased a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF during the fourth quarter worth $29,000. Concourse Financial Group Securities Inc. grew its stake in SPDR Portfolio Intermediate Term Treasury ETF by 114.4% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 1,207 shares of the company’s stock valued at $34,000 after acquiring an additional 644 shares in the last quarter. SouthState Corp acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the 4th quarter valued at about $35,000. SBI Securities Co. Ltd. purchased a new position in SPDR Portfolio Intermediate Term Treasury ETF in the 4th quarter worth approximately $121,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 59.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 8,411 shares of the company’s stock worth $234,000 after purchasing an additional 3,123 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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