Downshift Financial LLC Invests $2.66 Million in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Downshift Financial LLC purchased a new stake in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 92,378 shares of the company’s stock, valued at approximately $2,664,000. SPDR Portfolio Intermediate Term Treasury ETF accounts for approximately 1.6% of Downshift Financial LLC’s holdings, making the stock its 15th biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its position in SPDR Portfolio Intermediate Term Treasury ETF by 73.3% in the first quarter. Jones Financial Companies Lllp now owns 28,098 shares of the company’s stock valued at $803,000 after buying an additional 11,885 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 54.4% during the second quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after buying an additional 449 shares in the last quarter. Jump Financial LLC acquired a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the second quarter worth $1,445,000. Cerity Partners LLC lifted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 95.7% in the 2nd quarter. Cerity Partners LLC now owns 32,699 shares of the company’s stock valued at $938,000 after acquiring an additional 15,992 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 72.9% in the 2nd quarter. State Street Corp now owns 5,724,495 shares of the company’s stock valued at $164,694,000 after acquiring an additional 2,412,823 shares during the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

NYSEARCA SPTI opened at $28.31 on Friday. SPDR Portfolio Intermediate Term Treasury ETF has a twelve month low of $28.09 and a twelve month high of $29.24. The business’s fifty day moving average is $28.43 and its 200 day moving average is $28.69.

SPDR Portfolio Intermediate Term Treasury ETF 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.