Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Large Volume Increase – Still a Buy?

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw strong trading volume on Friday. Approximately 366,900 shares were traded during mid-day trading, an increase of 15% from the average daily volume of 318,443 shares. The stock last traded at $105.7250 and had previously closed at $105.71.

Invesco Short Term Treasury ETF Price Performance

The business has a fifty day simple moving average of $105.63 and a two-hundred day simple moving average of $105.63.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Kintra Wealth LLC lifted its holdings in Invesco Short Term Treasury ETF by 2.7% in the 2nd 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 in the last quarter. Mascoma Wealth Management LLC bought a new stake in Invesco Short Term Treasury ETF in the third quarter worth $173,000. Robinson Value Management Ltd. purchased a new stake in Invesco Short Term Treasury ETF during the third quarter valued at $174,000. Highland Investment Advisors LLC purchased a new stake in Invesco Short Term Treasury ETF during the second quarter valued at $209,000. Finally, Stableford Capital II LLC bought a new position in Invesco Short Term Treasury ETF during the third quarter valued at $216,000.

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.