SPDR Portfolio Long Term Treasury ETF Sees Unusually High Options Volume (NYSEARCA:SPTL)

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) saw some unusual options trading on Tuesday. Stock investors purchased 3,000 call options on the stock. This represents an increase of 1,983% compared to the typical volume of 144 call options.

SPDR Portfolio Long Term Treasury ETF Stock Up 0.9%

Shares of SPTL traded up $0.21 during midday trading on Thursday, reaching $24.91. The company had a trading volume of 1,654,141 shares, compared to its average volume of 6,422,813. SPDR Portfolio Long Term Treasury ETF has a 1-year low of $24.58 and a 1-year high of $27.70. The firm has a 50 day simple moving average of $25.23 and a 200-day simple moving average of $25.84.

Hedge Funds Weigh In On SPDR Portfolio Long Term Treasury ETF

A number of institutional investors have recently bought and sold shares of the company. Municipal Employees Retirement System of Michigan grew its stake in shares of SPDR Portfolio Long Term Treasury ETF by 21.9% in the 4th quarter. Municipal Employees Retirement System of Michigan now owns 15,397,326 shares of the company’s stock valued at $407,567,000 after buying an additional 2,767,751 shares during the period. Bank of America Corp DE lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 52.0% in the first quarter. Bank of America Corp DE now owns 14,599,817 shares of the company’s stock valued at $383,975,000 after acquiring an additional 4,995,927 shares during the last quarter. LPL Financial LLC lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 22.3% in the fourth quarter. LPL Financial LLC now owns 12,110,309 shares of the company’s stock valued at $320,560,000 after acquiring an additional 2,205,261 shares during the last quarter. Assetmark Inc. grew its position in SPDR Portfolio Long Term Treasury ETF by 0.6% in the first quarter. Assetmark Inc. now owns 5,830,936 shares of the company’s stock worth $153,354,000 after acquiring an additional 34,452 shares during the period. Finally, Avantax Planning Partners Inc. grew its position in SPDR Portfolio Long Term Treasury ETF by 2.9% in the first quarter. Avantax Planning Partners Inc. now owns 4,314,262 shares of the company’s stock worth $113,465,000 after acquiring an additional 123,156 shares during the period.

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. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.