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

Shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) saw an uptick in trading volume on Thursday . 2,802,706 shares were traded during trading, an increase of 68% from the previous session’s volume of 1,672,750 shares.The stock last traded at $28.24 and had previously closed at $28.27.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

The stock has a 50-day simple moving average of $28.30 and a 200-day simple moving average of $28.45.

Hedge Funds Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

Hedge funds have recently modified their holdings of the company. Tsfg LLC increased its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 32.4% in the 3rd quarter. Tsfg LLC now owns 363,790 shares of the company’s stock valued at $10,572,000 after purchasing an additional 89,115 shares during the period. Salomon & Ludwin LLC grew its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 26.2% during the 3rd quarter. Salomon & Ludwin LLC now owns 338,257 shares of the company’s stock valued at $9,829,000 after acquiring an additional 70,190 shares in the last quarter. IHT Wealth Management LLC increased its position in SPDR Portfolio Intermediate Term Treasury ETF by 15.1% in the 3rd quarter. IHT Wealth Management LLC now owns 280,424 shares of the company’s stock worth $8,149,000 after purchasing an additional 36,892 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 44.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 256,823 shares of the company’s stock valued at $7,463,000 after buying an additional 79,025 shares in the last quarter. Finally, Eldridge Investment Advisors Inc. increased its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 16.3% in the second quarter. Eldridge Investment Advisors Inc. now owns 182,075 shares of the company’s stock worth $5,102,000 after buying an additional 25,500 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.