Invesco 0-5 Yr US TIPS ETF (BATS:PBTP – Get Free Report) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 3,612 shares, a drop of 92.9% from the June 30th total of 50,777 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 46,217 shares, the short-interest ratio is currently 0.1 days.
Institutional Investors Weigh In On Invesco 0-5 Yr US TIPS ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of PBTP. Goldman Sachs Group Inc. lifted its position in shares of Invesco 0-5 Yr US TIPS ETF by 354.7% during the first quarter. Goldman Sachs Group Inc. now owns 39,449 shares of the company’s stock worth $1,024,000 after acquiring an additional 30,773 shares in the last quarter. Hobart Private Capital LLC purchased a new position in shares of Invesco 0-5 Yr US TIPS ETF in the second quarter valued at $495,000. Triad Wealth Partners LLC bought a new stake in shares of Invesco 0-5 Yr US TIPS ETF during the 4th quarter valued at $380,000. Tidemark LLC raised its stake in shares of Invesco 0-5 Yr US TIPS ETF by 6.2% during the 4th quarter. Tidemark LLC now owns 210,219 shares of the company’s stock valued at $5,448,000 after purchasing an additional 12,313 shares during the period. Finally, Citadel Advisors LLC purchased a new stake in Invesco 0-5 Yr US TIPS ETF during the 3rd quarter worth about $291,000.
Invesco 0-5 Yr US TIPS ETF Stock Performance
Shares of PBTP stock opened at $25.64 on Friday. The firm’s 50 day moving average is $26.01 and its 200 day moving average is $26.10. Invesco 0-5 Yr US TIPS ETF has a 12 month low of $25.53 and a 12 month high of $26.49.
Invesco 0-5 Yr US TIPS ETF Company Profile
The Invesco PureBeta 0-5 Yr US TIPS ETF (PBTP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury inflation-protected securities with up to five years remaining to maturity. PBTP was launched on Sep 22, 2017 and is managed by Invesco.
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