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

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) shares saw unusually-high trading volume on Monday . Approximately 1,227,964 shares traded hands during trading, an increase of 274% from the previous session’s volume of 328,338 shares.The stock last traded at $105.47 and had previously closed at $105.78.

Invesco Short Term Treasury ETF Price Performance

The firm has a 50 day moving average of $105.63 and a two-hundred day moving average of $105.67.

Institutional Investors Weigh In On Invesco Short Term Treasury ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC increased its position in Invesco Short Term Treasury ETF by 7,000.0% during the 1st quarter. NewEdge Advisors LLC now owns 4,828 shares of the company’s stock worth $510,000 after purchasing an additional 4,760 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in Invesco Short Term Treasury ETF in the 1st quarter valued at approximately $711,000. Cerity Partners LLC boosted its position in Invesco Short Term Treasury ETF by 264.5% in the second quarter. Cerity Partners LLC now owns 18,988 shares of the company’s stock valued at $2,004,000 after buying an additional 13,779 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Invesco Short Term Treasury ETF by 12.6% during the second quarter. Jane Street Group LLC now owns 28,304 shares of the company’s stock worth $2,987,000 after buying an additional 3,174 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Invesco Short Term Treasury ETF by 96.4% during the second quarter. Bank of America Corp DE now owns 376,723 shares of the company’s stock worth $39,759,000 after buying an additional 184,891 shares during 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.