SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Hits New 52-Week Low – Should You Sell?

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL)’s share price reached a new 52-week low on Monday . The stock traded as low as $25.55 and last traded at $25.56, with a volume of 413744 shares traded. The stock had previously closed at $25.63.

SPDR Portfolio Long Term Treasury ETF Stock Performance

The stock has a 50-day moving average of $26.82 and a two-hundred day moving average of $27.80.

Hedge Funds Weigh In On SPDR Portfolio Long Term Treasury ETF

Several institutional investors and hedge funds have recently modified their holdings of SPTL. Ashton Thomas Private Wealth LLC bought a new position in SPDR Portfolio Long Term Treasury ETF in the 2nd quarter valued at approximately $28,000. Peterson Financial Group Inc. purchased a new position in shares of SPDR Portfolio Long Term Treasury ETF in the third quarter worth $37,000. Massmutual Trust Co. FSB ADV lifted its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 558.7% during the third quarter. Massmutual Trust Co. FSB ADV now owns 1,403 shares of the company’s stock valued at $41,000 after purchasing an additional 1,190 shares in the last quarter. Godsey & Gibb Inc. purchased a new stake in shares of SPDR Portfolio Long Term Treasury ETF during the third quarter valued at $46,000. Finally, Blue Trust Inc. increased its holdings in SPDR Portfolio Long Term Treasury ETF by 376.6% in the 3rd quarter. Blue Trust Inc. now owns 1,878 shares of the company’s stock worth $51,000 after buying an additional 1,484 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Company Profile

SPDR Barclays Long Term Treasury ETF (the Fund), formerly SPDR Barclays Capital Long Term Treasury ETF, seeks to provide investment results that corresponds to the price and yield performance of the Barclays Capital Long U.S. Treasury Index (the Index). The Index includes all publicly issued, United States treasury securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $250 million or more of outstanding face value.