SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) Stock Sees Unusually High Call Option Buying

SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) was the recipient of unusually large options trading on Wednesday. Stock investors purchased 3,123 call options on the company. This represents an increase of approximately 713% compared to the average volume of 384 call options.

Institutional Trading of SPDR Bloomberg 1-3 Month T-Bill ETF

Hedge funds have recently bought and sold shares of the stock. Latitude Advisors LLC acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter valued at about $31,000. Compass Financial Management LLC bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 2nd quarter valued at about $34,000. XP Advisory US Inc. bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at approximately $41,000. City State Bank lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 323.4% during the 3rd quarter. City State Bank now owns 453 shares of the company’s stock valued at $42,000 after purchasing an additional 346 shares during the last quarter. Finally, Trust Co. of Vermont acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 2nd quarter worth about $44,000.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Up 0.0%

NYSEARCA BIL traded up $0.01 during trading on Wednesday, reaching $91.50. 3,306,242 shares of the stock traded hands, compared to its average volume of 10,559,729. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.73. The stock’s 50-day moving average price is $91.52 and its 200 day moving average price is $91.53.

SPDR Bloomberg 1-3 Month T-Bill ETF Company Profile

The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of all publicly issued zero-coupon US Treasury bills with a maturity of at least 1 month, but less than 3 months. BIL was launched on May 25, 2007 and is managed by State Street.