Stock Traders Buy High Volume of SPDR Portfolio Long Term Treasury ETF Call Options (NYSEARCA:SPTL)

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) was the recipient of some unusual options trading on Tuesday. Investors purchased 3,000 call options on the company. This is an increase of 1,983% compared to the average daily volume of 144 call options.

SPDR Portfolio Long Term Treasury ETF Price Performance

NYSEARCA SPTL traded down $0.09 on Tuesday, reaching $24.62. The stock had a trading volume of 4,859,688 shares, compared to its average volume of 6,424,010. The business’s 50-day moving average price is $25.27 and its 200 day moving average price is $25.88. SPDR Portfolio Long Term Treasury ETF has a 12-month low of $24.58 and a 12-month high of $27.70.

Institutional Investors Weigh In On SPDR Portfolio Long Term Treasury ETF

Several hedge funds have recently made changes to their positions in SPTL. Studio Investment Management LLC raised its stake in shares of SPDR Portfolio Long Term Treasury ETF by 2.1% during the 4th quarter. Studio Investment Management LLC now owns 19,569 shares of the company’s stock worth $518,000 after buying an additional 404 shares in the last quarter. Bell Investment Advisors Inc grew its position in SPDR Portfolio Long Term Treasury ETF by 18.6% during the first quarter. Bell Investment Advisors Inc now owns 2,660 shares of the company’s stock worth $70,000 after buying an additional 418 shares during the period. Drucker Wealth 3.0 LLC lifted its position in shares of SPDR Portfolio Long Term Treasury ETF by 0.5% during the 1st quarter. Drucker Wealth 3.0 LLC now owns 85,485 shares of the company’s stock valued at $2,248,000 after acquiring an additional 421 shares during the period. Stonebridge Financial Group LLC raised its holdings in SPDR Portfolio Long Term Treasury ETF by 5.0% during the second quarter. Stonebridge Financial Group LLC now owns 10,767 shares of the company’s stock worth $282,000 after purchasing an additional 510 shares during the last quarter. Finally, Lifeworks Advisors LLC raised its holdings in SPDR Portfolio Long Term Treasury ETF by 9.2% during the first quarter. Lifeworks Advisors LLC now owns 8,679 shares of the company’s stock worth $228,000 after purchasing an additional 728 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.