SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Sees Large Volume Increase – Should You Buy?

Shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) saw an uptick in trading volume on Thursday . 3,585,357 shares traded hands 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 Stock Up 0.1 %

The stock’s 50 day simple moving average is $28.18 and its 200 day simple moving average is $28.30.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Fisher Asset Management LLC grew its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 2.9% in the third quarter. Fisher Asset Management LLC now owns 35,663 shares of the company’s stock worth $1,036,000 after purchasing an additional 1,014 shares during the last quarter. L.M. Kohn & Company grew its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 84.5% in the third quarter. L.M. Kohn & Company now owns 55,510 shares of the company’s stock worth $1,613,000 after purchasing an additional 25,418 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in 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 worth $7,463,000 after buying an additional 79,025 shares during the period. IHT Wealth Management LLC increased its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 15.1% during the third quarter. IHT Wealth Management LLC now owns 280,424 shares of the company’s stock valued at $8,149,000 after buying an additional 36,892 shares during the period. Finally, Virtue Capital Management LLC purchased a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the third quarter worth $563,000.

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.