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

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw unusually-strong 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 business’s 50 day simple moving average is $105.61 and its two-hundred day simple moving average is $105.67.

Institutional Trading of Invesco Short Term Treasury ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Mascoma Wealth Management LLC bought a new stake in Invesco Short Term Treasury ETF during the 4th quarter valued at about $42,000. Quaker Wealth Management LLC increased its stake 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 purchasing an additional 145 shares in the last quarter. MAI Capital Management increased its stake in Invesco Short Term Treasury ETF by 90.0% during the 3rd quarter. MAI Capital Management now owns 950 shares of the company’s stock valued at $100,000 after purchasing an additional 450 shares in the last quarter. Robinson Value Management Ltd. bought a new stake in Invesco Short Term Treasury ETF during the 4th quarter valued at about $175,000. Finally, Tidemark LLC increased its stake 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 purchasing an additional 324 shares in the last quarter.

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.