Sowell Financial Services LLC Buys 78,395 Shares of Invesco 0-5 Yr US TIPS ETF $PBTP

Sowell Financial Services LLC bought a new stake in shares of Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 78,395 shares of the company’s stock, valued at approximately $1,995,000.

A number of other hedge funds have also recently bought and sold shares of PBTP. Arkadios Wealth Advisors grew its position in Invesco 0-5 Yr US TIPS ETF by 8.2% in the 1st quarter. Arkadios Wealth Advisors now owns 24,291 shares of the company’s stock worth $635,000 after purchasing an additional 1,850 shares during the last quarter. Highland Investment Advisors LLC bought a new position in shares of Invesco 0-5 Yr US TIPS ETF during the 2nd quarter worth about $68,000. IFP Advisors Inc bought a new position in shares of Invesco 0-5 Yr US TIPS ETF during the 3rd quarter worth about $107,000. Envestnet Asset Management Inc. raised its position in shares of Invesco 0-5 Yr US TIPS ETF by 27.6% during the second quarter. Envestnet Asset Management Inc. now owns 58,729 shares of the company’s stock valued at $1,507,000 after buying an additional 12,714 shares during the last quarter. Finally, Hobart Private Capital LLC acquired a new position in shares of Invesco 0-5 Yr US TIPS ETF during the second quarter valued at about $495,000.

Invesco 0-5 Yr US TIPS ETF Trading Up 0.2%

BATS PBTP opened at $25.81 on Friday. The firm has a 50-day simple moving average of $25.62 and a 200 day simple moving average of $25.95. Invesco 0-5 Yr US TIPS ETF has a twelve month low of $25.39 and a twelve month high of $26.45.

About Invesco 0-5 Yr US TIPS ETF

The Invesco PureBeta 0-5 Yr US TIPS ETF (PBTP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury inflation-protected securities with up to five years remaining to maturity. PBTP was launched on Sep 22, 2017 and is managed by Invesco.