SPDR Portfolio Intermediate Term Treasury ETF $SPTI is Municipal Employees Retirement System of Michigan’s 2nd Largest Position

Municipal Employees Retirement System of Michigan increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 3.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 37,247,174 shares of the company’s stock after purchasing an additional 1,385,521 shares during the quarter. SPDR Portfolio Intermediate Term Treasury ETF comprises approximately 12.2% of Municipal Employees Retirement System of Michigan’s investment portfolio, making the stock its 2nd biggest position. Municipal Employees Retirement System of Michigan owned about 0.12% of SPDR Portfolio Intermediate Term Treasury ETF worth $1,074,208,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Caitlin John LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 3rd quarter worth about $27,000. Elyxium Wealth LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 4th quarter worth about $27,000. Franklin Resources Inc. boosted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 54.4% during the 2nd quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after purchasing an additional 449 shares during the period. Addison Advisors LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 3rd quarter worth about $39,000. Finally, Smartleaf Asset Management LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 2nd quarter worth about $42,000.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

Shares of SPTI opened at $28.27 on Friday. SPDR Portfolio Intermediate Term Treasury ETF has a 1-year low of $28.09 and a 1-year high of $29.24. The company has a 50-day moving average of $28.55 and a 200 day moving average of $28.78.

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.