Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Reaches New 52-Week Low – What’s Next?

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) reached a new 52-week low on Monday. The company 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 Trading Up 0.0%

The company has a fifty day moving average of $105.66 and a 200-day moving average of $105.64.

Institutional Investors Weigh In On Invesco Short Term Treasury ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Citadel Advisors LLC bought a new stake in Invesco Short Term Treasury ETF in the second quarter worth approximately $766,000. Ameritas Advisory Services LLC bought a new position in shares of Invesco Short Term Treasury ETF during the 2nd quarter valued at $6,987,000. Rockefeller Capital Management L.P. raised its holdings in shares of Invesco Short Term Treasury ETF by 62.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 14,068 shares of the company’s stock valued at $1,486,000 after purchasing an additional 5,434 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Invesco Short Term Treasury ETF by 42.7% during the 1st quarter. Cetera Investment Advisers now owns 99,732 shares of the company’s stock valued at $10,527,000 after purchasing an additional 29,846 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of Invesco Short Term Treasury ETF by 1,844.8% in the 1st quarter. Royal Bank of Canada now owns 218,591 shares of the company’s stock valued at $23,073,000 after purchasing an additional 207,351 shares during the last quarter.

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.