Invesco 0-5 Yr US TIPS ETF (BATS:PBTP – Get Free Report) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 33,037 shares, a growth of 679.0% from the August 15th total of 4,241 shares. Based on an average daily trading volume, of 397,113 shares, the short-interest ratio is presently 0.1 days. Currently, 1.2% of the company’s stock are sold short.
Invesco 0-5 Yr US TIPS ETF Stock Down 0.3%
BATS PBTP opened at $25.61 on Friday. Invesco 0-5 Yr US TIPS ETF has a 12-month low of $25.53 and a 12-month high of $26.49. The firm’s fifty day simple moving average is $25.69 and its two-hundred day simple moving average is $26.02.
Institutional Investors Weigh In On Invesco 0-5 Yr US TIPS ETF
Several institutional investors have recently modified their holdings of the company. LPL Financial LLC increased its holdings in Invesco 0-5 Yr US TIPS ETF by 0.6% in the fourth quarter. LPL Financial LLC now owns 792,145 shares of the company’s stock valued at $20,528,000 after buying an additional 4,571 shares during the last quarter. Tidemark LLC increased its holdings in shares of Invesco 0-5 Yr US TIPS ETF by 6.2% in the 4th quarter. Tidemark LLC now owns 210,219 shares of the company’s stock valued at $5,448,000 after acquiring an additional 12,313 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Invesco 0-5 Yr US TIPS ETF by 52.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 60,887 shares of the company’s stock worth $1,578,000 after acquiring an additional 20,953 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of Invesco 0-5 Yr US TIPS ETF by 6.3% during the 3rd quarter. Raymond James Financial Inc. now owns 43,212 shares of the company’s stock worth $1,129,000 after acquiring an additional 2,543 shares in the last quarter. Finally, Trilogy Capital Inc. lifted its stake in Invesco 0-5 Yr US TIPS ETF by 10.0% during the first quarter. Trilogy Capital Inc. now owns 33,504 shares of the company’s stock worth $876,000 after purchasing an additional 3,058 shares during the last quarter.
Invesco 0-5 Yr US TIPS ETF Company Profile
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.
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