Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Unusually-High Trading Volume – Time to Buy?

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) shares saw unusually-strong trading volume on Monday . Approximately 303,452 shares changed hands during mid-day trading, an increase of 46% from the previous session’s volume of 208,112 shares.The stock last traded at $105.40 and had previously closed at $105.39.

Invesco Short Term Treasury ETF Price Performance

The stock’s 50 day moving average price is $105.61 and its 200 day moving average price is $105.61.

Hedge Funds Weigh In On Invesco Short Term Treasury ETF

Several hedge funds and other institutional investors have recently bought and sold shares of TBLL. Tidemark LLC grew its holdings in Invesco Short Term Treasury ETF by 16.2% during the 1st quarter. Tidemark LLC now owns 802 shares of the company’s stock worth $85,000 after acquiring an additional 112 shares during the period. Valeo Financial Advisors LLC boosted its position in shares of Invesco Short Term Treasury ETF by 1.1% during the 1st quarter. Valeo Financial Advisors LLC now owns 15,137 shares of the company’s stock valued at $1,597,000 after purchasing an additional 172 shares in the last quarter. Clearwater Capital Advisors LLC grew its stake in Invesco Short Term Treasury ETF by 1.1% during the first quarter. Clearwater Capital Advisors LLC now owns 26,786 shares of the company’s stock worth $2,827,000 after purchasing an additional 284 shares during the period. PFG Advisors lifted its stake in Invesco Short Term Treasury ETF by 7.4% in the first quarter. PFG Advisors now owns 4,576 shares of the company’s stock valued at $483,000 after buying an additional 317 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its stake in Invesco Short Term Treasury ETF by 9.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,901 shares of the company’s stock valued at $412,000 after buying an additional 335 shares during the period.

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.