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

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) shares saw an uptick in trading volume on Thursday . 3,585,357 shares were traded during trading, an increase of 97% from the previous session’s volume of 1,824,282 shares.The stock last traded at $28.36 and had previously closed at $28.36.

SPDR Portfolio Intermediate Term Treasury ETF Trading Up 0.5 %

The firm has a 50-day simple moving average of $28.20 and a two-hundred day simple moving average of $28.29.

Hedge Funds Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

A number of institutional investors have recently modified their holdings of the company. Integrated Wealth Concepts LLC increased its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 44.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 256,823 shares of the company’s stock valued at $7,463,000 after acquiring an additional 79,025 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 4th quarter worth $2,858,000. Private Trust Co. NA boosted its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 1.6% in the fourth quarter. Private Trust Co. NA now owns 89,142 shares of the company’s stock valued at $2,485,000 after acquiring an additional 1,383 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 36.2% in the 4th quarter. Jones Financial Companies Lllp now owns 16,213 shares of the company’s stock worth $452,000 after purchasing an additional 4,306 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 8.0% in the fourth quarter. Bank of New York Mellon Corp now owns 56,865 shares of the company’s stock valued at $1,585,000 after buying an additional 4,196 shares during the period.

About SPDR Portfolio Intermediate Term Treasury ETF

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.