Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Hits New 12-Month Low – Time to Sell?

Shares of Invesco Short Term Treasury ETF (NYSEARCA:TBLL) hit a new 52-week low during mid-day trading on Monday. The stock traded as low as $105.45 and last traded at $105.4550, with a volume of 11,070 shares traded. The stock had previously closed at $105.78.

Invesco Short Term Treasury ETF Stock Performance

The business’s 50 day simple moving average is $105.67 and its two-hundred day simple moving average is $105.64.

Institutional Trading of Invesco Short Term Treasury ETF

Several large investors have recently modified their holdings of the company. Clear Retirement Advice LLC lifted its holdings in Invesco Short Term Treasury ETF by 0.6% in the first quarter. Clear Retirement Advice LLC now owns 112,551 shares of the company’s stock valued at $11,880,000 after acquiring an additional 645 shares during the period. Kintra Wealth LLC boosted its position in Invesco Short Term Treasury ETF by 2.7% in the second quarter. Kintra Wealth LLC now owns 38,956 shares of the company’s stock worth $4,120,000 after purchasing an additional 1,027 shares during the last quarter. Highland Investment Advisors LLC bought a new stake in shares of Invesco Short Term Treasury ETF during the 2nd quarter valued at about $209,000. Stableford Capital II LLC bought a new stake in shares of Invesco Short Term Treasury ETF during the 3rd quarter valued at about $216,000. Finally, Whalen Wealth Management Inc. bought a new stake in shares of Invesco Short Term Treasury ETF during the 3rd quarter valued at about $260,000.

Invesco Short Term Treasury ETF Company Profile

The Invesco Short Term Treasury ETF (TBLL) is an exchange-traded fund that is based on the ICE US Treasury Short Bond index. The fund tracks a market-weighted index of debt issued by the US Treasury. Remaining maturity must be between 1-12 months. TBLL was launched on Jan 12, 2017 and is issued by Invesco.