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

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) was the target of some unusual options trading activity on Tuesday. Stock traders bought 3,000 call options on the stock. This represents an increase of 1,983% compared to the average volume of 144 call options.

SPDR Portfolio Long Term Treasury ETF Price Performance

NYSEARCA:SPTL traded down $0.09 during trading hours on Tuesday, reaching $24.62. 4,859,688 shares of the company traded hands, compared to its average volume of 6,424,010. SPDR Portfolio Long Term Treasury ETF has a 1-year low of $24.58 and a 1-year high of $27.70. The firm’s 50-day moving average is $25.27 and its 200-day moving average is $25.88.

Institutional Trading of SPDR Portfolio Long Term Treasury ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Municipal Employees Retirement System of Michigan lifted its position in SPDR Portfolio Long Term Treasury ETF by 21.9% during the fourth quarter. Municipal Employees Retirement System of Michigan now owns 15,397,326 shares of the company’s stock worth $407,567,000 after buying an additional 2,767,751 shares during the period. Bank of America Corp DE raised its stake in SPDR Portfolio Long Term Treasury ETF by 52.0% during the first quarter. Bank of America Corp DE now owns 14,599,817 shares of the company’s stock worth $383,975,000 after purchasing an additional 4,995,927 shares during the period. LPL Financial LLC boosted its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 22.3% in the 4th quarter. LPL Financial LLC now owns 12,110,309 shares of the company’s stock valued at $320,560,000 after purchasing an additional 2,205,261 shares during the last quarter. Assetmark Inc. grew its stake in shares of SPDR Portfolio Long Term Treasury ETF by 0.6% during the 1st quarter. Assetmark Inc. now owns 5,830,936 shares of the company’s stock valued at $153,354,000 after buying an additional 34,452 shares during the period. Finally, Avantax Planning Partners Inc. increased its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 2.9% during the 1st quarter. Avantax Planning Partners Inc. now owns 4,314,262 shares of the company’s stock worth $113,465,000 after buying an additional 123,156 shares during the last quarter.

About SPDR Portfolio Long Term Treasury ETF

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.