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

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw unusually-high trading volume on Friday . Approximately 323,496 shares were traded during trading, an increase of 3% from the previous session’s volume of 312,668 shares.The stock last traded at $105.63 and had previously closed at $105.60.

Invesco Short Term Treasury ETF Stock Performance

The stock’s fifty day moving average is $105.61 and its two-hundred day moving average is $105.67.

Institutional Trading of Invesco Short Term Treasury ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of TBLL. Integrated Wealth Concepts LLC lifted its position in Invesco Short Term Treasury ETF by 0.9% during the 4th quarter. Integrated Wealth Concepts LLC now owns 11,365 shares of the company’s stock valued at $1,201,000 after acquiring an additional 105 shares during the period. Quaker Wealth Management LLC lifted its position in Invesco Short Term Treasury ETF by 39.4% during the 3rd quarter. Quaker Wealth Management LLC now owns 513 shares of the company’s stock valued at $54,000 after acquiring an additional 145 shares during the period. Tidemark LLC lifted its position in Invesco Short Term Treasury ETF by 24.1% during the 3rd quarter. Tidemark LLC now owns 1,666 shares of the company’s stock valued at $176,000 after acquiring an additional 324 shares during the period. Mascoma Wealth Management LLC purchased a new position in Invesco Short Term Treasury ETF during the 4th quarter valued at about $42,000. Finally, PFG Advisors lifted its position in Invesco Short Term Treasury ETF by 10.1% during the 4th quarter. PFG Advisors now owns 4,598 shares of the company’s stock valued at $486,000 after acquiring an additional 423 shares during the period.

About Invesco Short Term Treasury ETF

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.