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

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) shares saw an uptick in trading volume on Tuesday . Approximately 438,999 shares traded hands during trading, an increase of 44% from the previous session’s volume of 304,049 shares.The stock last traded at $105.63 and had previously closed at $105.61.

Invesco Short Term Treasury ETF Trading Up 0.0%

The firm has a fifty day moving average price of $105.62 and a 200 day moving average price of $105.63.

Institutional Trading of Invesco Short Term Treasury ETF

Hedge funds have recently modified their holdings of the business. Mascoma Wealth Management LLC purchased a new stake in shares of Invesco Short Term Treasury ETF in the fourth quarter worth approximately $42,000. Flagship Harbor Advisors LLC acquired a new position in Invesco Short Term Treasury ETF in the fourth quarter worth approximately $191,000. Tidemark LLC increased its holdings in Invesco Short Term Treasury ETF by 21.4% in the fourth quarter. Tidemark LLC now owns 2,023 shares of the company’s stock worth $214,000 after buying an additional 357 shares during the last quarter. StoneX Group Inc. acquired a new position in Invesco Short Term Treasury ETF in the fourth quarter worth approximately $244,000. Finally, CIBC Bancorp USA Inc. bought a new position in Invesco Short Term Treasury ETF during the third quarter valued at approximately $245,000.

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.